Will Upcoming Earnings Move Comcast?
1. Comcast lost 199,000 broadband subscribers in the last quarter. 2. T-Mobile’s FWA service poses increased competition for Comcast. 3. Q2 earnings estimates predict a 3% decline in profits year-over-year. 4. Positive post-earnings returns historically occur around 50% of the time. 5. Recent historical data shows increasing competition impacting cable providers.