Comcast will announce third quarter outcomes earlier than the bell

Brian Roberts, Comcast Chairman and CEO

David A. Grogan | CNBC

Comcast will report its third quarter results before the bell on Thursday.

This is what analysts expect:

  • Merits: $ 0.75 per share adjusted as per refinitive
  • Revenue: $ 29.87 billion, according to Refinitiv
  • High-speed internet customers: 296,000 net additions according to StreetAccount

Comcast added 354,000 new high-speed Internet customers in the last quarter, a record profit for the second quarter. In the same quarter of the previous year, the company was able to acquire 633,000 new customers.

Comcast CFO Michael Cavanagh warned in September that the company was expecting lower broadband access, a move that temporarily dropped the company’s stock. Analysts have adjusted their forecasts.

Enrollments for NBCUniversal’s Peacock are another metric that analysts are watching. In the same quarter of the previous year, the platform recorded around 22 million registrations and 54 million in July. The streaming service offers customers both paid and free options.

According to Refinitiv, analysts expect sales to grow by 17% compared to the previous year.

Executives will discuss the results and issue guidelines in a conference call that begins at 8:30 a.m. ET.

Disclosure: Comcast owns NBCUniversal, the parent company of CNBC.

This story evolves.

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