Customers enter a XFINITY store by Comcast in San Francisco, California on 24 February 2025. (Photo by Justin Sullivan/Getty Image)
Justin Sullivan | Getty images
Comcast On Thursday morning, it reports its second quarter earnings, and the company’s broadband business will focus to investors once again.
Comcast and its cable peers have suffered from recession in broadband development in recent years, affecting the shares of companies.
Here’s how COMCAST is expected to perform for the second quarter, According to estimates of analysts surveyed by LSEG:
- earnings per share: $ 1.18 expected
- Income: $ 29.81 billion is expected
finals week Charter communication – The country’s second largest broadband provider – The expected broadband for its most recent quarter was described as worse than the customer’s loss.
Last Thursday in Charter’s stock was its worst day on records, 18%fell, and Comcast and other industries pulled down the stock prices of comrades.
The charter has agreed to merge with cox communication, and this transaction is pending.
Broadband customer development has faced charter and comcast shares due to recession.
Comcast’s stock experiences a similar decline to the company Informed In May, the first quarter earnings and 199,000 less domestic broadband customers were recorded.
Cable companies are facing increased competition due to the rise of alternative home options such as 5G, or so -called fixed wireless.
During the first quarter’s earnings call of Comkast in April, authorities underlined the change in their broadband strategy in the middle of customer stoppage.
The company, which provides broadband and other services under the XFINITY brand, said that the authorities would address that the authorities were identified as “disconnects” when this “price transparency and prediction and the level of ease of trading with us.
This story is developing. Please check back for updates.
