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Comcast Q3 earnings fall 4% as broadband losses offset streaming gains

Company Fundamentals
22 Oct 2026
Proactive Investors
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Bearish
Comcast Q3 earnings fall 4% as broadband losses offset streaming gains

Comcast reported a 4% drop in adjusted earnings per share to $1.07 in Q3, with revenue down 6% to $29.3 billion due to losses in its broadband business. However, its streaming service Peacock and film studios showed strong growth, with Peacock's paid subscribers up 17% to 48 million and studios' adjusted EBITDA rising 19%. The company faced challenges in its theme parks and connectivity segments, including a loss of 144,000 broadband customers. Comcast confirmed plans to separate NBCUniversal and Sky into independent companies and suspended its share buyback program during this process.

Comcast's stock price rose 3.62% to USD 22.88 on Pluang, showing positive market reaction despite the earnings drop. The company’s shares have a dividend yield of 5.98%, and buyers dominate with 61% of order activity. These figures are as of Oct 22, 2026, 23:21 WIB.

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