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Here's what analysts are expecting for Comcast's first quarter 2019 earnings report

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Comcast is set to report earnings for its first quarter 2019 before the bell on Thursday.

div > div.group > p:first-child"> Here are the numbers analysts are expecting:

Comcast has beat estimates on the top and bottom lines for the last two straight quarters and seen its stock rise 25% over the past 12 months. As analysts continue to anticipate a decline in Comcast's video segment, the company has laid out plans to branch out further into streaming. Comcast-owned NBCUniversal, the parent company of CNBC, announced earlier this year that it will debut its free, ad-supported streaming service in the first quarter of 2020.

The service will be available to any traditional pay-TV subscriber by logging in through a cable or satellite provider. Everyone else can sign up for about $12 per month, a person familiar with the company's plans told CNBC shortly after the announcement. NBCUniversal's service will be up against established streaming services like Netflix and Amazon's Prime Video, as well as newer players coming later this year from Disney, Apple and AT&T's WarnerMedia.

Comcast's report will include performance for British broadcaster Sky for the second time following its acquisition last year. Comcast outbid Twenty-First Century Fox, winning the auction with a bid of $39 billion. Comcast reported pro forma revenue for Sky of $5.02 billion in its last quarter earnings report, though it said that number was subject to change as the acquisition accounting was finalized.This story is developing. Check back for updates.

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귀하의 의견에 감사드립니다. 귀하의 의견은 검토 후 게시됩니다.

Good to ER

Solid company

A lot of money

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