Comcast’s big move in 2013 — acquiring all of NBCUniversal — brightened its Q4 earnings as its TV broadcast and film units shined, but the cable firm was mum on whether a bid deal involving Time Warner Cable is brewing. Comcast (CMCSA) executives declined comment in their earnings conference call with analysts early Tuesday on whether they’re in talks with Charter Communications (CHTR), which has launched a hostile takeover bid for Time Warner
Comcast (CMCSA) added 43,000 video customers in Q4, its first net gain in 6-1/2 years, and broadband subscriber additions rose 11% to 379,000. But the No. 1 cable TV company early Tuesday posted mixed results, as adjusted Q4 profit fell below estimates but revenue narrowly beat. Comcast was up 2.5% in early trading in the stock market today, near 54. Comcast stock touched an all-time high of 54.65 on Jan. 15. For Q4, Comcast said it earned 66 cents
Comcast (CMCSA) reports Q4 earnings before the open Tuesday, and the cable TV leader might tip its hand on whether it aims to purchase assets of Time Warner Cable (TWC) if Charter Communications (CHTR) hostile takeover bid for that company succeeds, analysts say. The size of Comcast’s cash return to shareholders in 2014 might signal its plans, some analysts say. Comcast announced a 20% dividend hike last year as well as a $2 billion stock buyback