Comcast Q3 2021 Earnings Report
Key Takeaways
Comcast Corporation reported strong Q3 2021 results with revenue increasing by 18.7% to $30.3 billion and adjusted EPS increasing by 33.8% to $0.87. The company saw growth in adjusted EBITDA across all its businesses, with significant contributions from Cable, NBCUniversal, and Sky. Comcast also returned $2.7 billion to shareholders through share repurchases and dividend payments.
Consolidated Adjusted EBITDA increased 18.1% to $9.0 billion, and adjusted EPS increased 33.8% to $0.87.
Cable Communications total customer relationship net additions were 255,000, and total broadband customer net additions were 300,000.
NBCUniversal Adjusted EBITDA increased 48.2% to $1.3 billion, including Peacock losses.
Sky Adjusted EBITDA increased 88.8% to $971 million.
Comcast
Comcast
Comcast Revenue by Segment
Comcast Revenue by Geographic Location
Forward Guidance
No specific forward guidance was provided in the press release.
Revenue & Expenses
Visualization of income flow from segment revenue to net income