Comcast’s Q2 earnings report reveals stronger-than-expected financial performance despite challenges in broadband. With attention turning to the upcoming Olympics, the company’s strategic focus on streaming and sports rights is poised to drive future growth. Discover the details behind Comcast’s latest financial results and market strategy.
What was Comcast’s Q2 revenue?
- A) $28.5 billion
- B) $29.0 billion
- C) $30.12 billion
- D) $31.0 billion
- Answer: C) $30.12 billion
How many broadband customers did Comcast lose in Q2?
- A) 5,000
- B) 10,000
- C) 18,000
- D) 25,000
- Answer: C) 18,000
Which of the following sectors showed significant revenue growth for Comcast?
- A) Broadband
- B) Theme parks
- C) Cable TV
- D) Advertising
- Answer: B) Theme parks
What was the percentage increase in revenue for Comcast’s theme parks?
- A) 10.2%
- B) 12.5%
- C) 17.2%
- D) 20.1%
- Answer: C) 17.2%
Which streaming service under Comcast saw a 64% revenue increase?
- A) Netflix
- B) Hulu
- C) Peacock
- D) Disney+
- Answer: C) Peacock
What significant sporting event is Comcast focusing on for future growth?
- A) FIFA World Cup
- B) Olympics
- C) Super Bowl
- D) NBA Finals
- Answer: B) Olympics
What was the adjusted loss for Peacock in Q2?
- A) $400 million
- B) $500 million
- C) $565 million
- D) $600 million
- Answer: C) $565 million
How many new subscribers did Peacock gain in Q2?
- A) 1 million
- B) 2 million
- C) 3 million
- D) 4 million
- Answer: D) 4 million
Which competitor offers broadband services that pressure Comcast?
- A) AT&T
- B) Verizon
- C) T-Mobile
- D) Both B and C
- Answer: D) Both B and C
What was the percentage increase in Comcast’s overall revenue?
- A) 0.5%
- B) 0.9%
- C) 1.2%
- D) 1.5%
- Answer: B) 0.9%
What was the percentage drop in Comcast’s advertising revenue for content and experiences?
- A) 5.4%
- B) 6.4%
- C) 8.4%
- D) 10.4%
- Answer: C) 8.4%
Who is the President of Comcast that commented on the company’s future focus?
- A) Brian Roberts
- B) Jeff Shell
- C) Mike Cavanagh
- D) David Watson
- Answer: C) Mike Cavanagh
What did Comcast’s stock do following the Q2 earnings report?
- A) Rose by 2%
- B) Fell by 6%
- C) Remained unchanged
- D) Rose by 10%
- Answer: B) Fell by 6%
What is the total number of broadband customers Comcast has?
- A) 28.3 million
- B) 30.3 million
- C) 32.3 million
- D) 34.3 million
- Answer: C) 32.3 million
What is the estimated broadband customer loss for Comcast in the fourth quarter according to the company?
- A) 10,000
- B) 18,000
- C) 20,000
- D) 30,000
- Answer: D) 30,000
What event is expected to significantly benefit Comcast’s Peacock platform?
- A) New Year’s Eve celebrations
- B) The Olympics
- C) Thanksgiving Day Parade
- D) Black Friday sales
- Answer: B) The Olympics
What is Comcast’s anticipated peak adjusted loss for Peacock in 2023?
- A) $2.5 billion
- B) $2.8 billion
- C) $3.0 billion
- D) $3.2 billion
- Answer: B) $2.8 billion
What type of competition is impacting Comcast’s broadband sector?
- A) Satellite TV
- B) Fiber optics
- C) Wireless carriers
- D) Cable TV
- Answer: C) Wireless carriers
Which executive role did Mike Cavanagh hold at Comcast during this report?
- A) CEO
- B) CFO
- C) President
- D) COO
- Answer: C) President
What has Comcast recently integrated into its content and experiences segment?
- A) Sky
- B) NBCUniversal
- C) Xfinity Mobile
- D) Universal Studios
- Answer: B) NBCUniversal
Which two companies are considered strong competitors to Comcast in the broadband market?
- A) AT&T and DirecTV
- B) Verizon and T-Mobile
- C) Dish Network and Hulu
- D) Netflix and Amazon
- Answer: B) Verizon and T-Mobile
How did the pandemic affect Comcast’s theme parks revenue?
- A) Increased demand
- B) Decreased demand
- C) No change
- D) Temporary closures
- Answer: A) Increased demand
Which segment of Comcast reported a 0.8% increase in revenue?
- A) Cable TV
- B) Theme parks
- C) Content and experiences
- D) Broadband
- Answer: C) Content and experiences
What percentage of revenue growth did Comcast’s content and experiences unit see?
- A) 0.8%
- B) 1.2%
- C) 1.5%
- D) 2.0%
- Answer: A) 0.8%
Who is cited as the Chief Investment Officer at Running Point Capital commenting on Comcast’s competition?
- A) Brian Roberts
- B) Michael Schulman
- C) Jeff Shell
- D) Mike Cavanagh
- Answer: B) Michael Schulman
Which major event in 2024 is expected to drive Peacock’s performance?
- A) World Cup
- B) Super Bowl
- C) Olympics
- D) NBA Finals
- Answer: C) Olympics
What challenge is Comcast’s streaming service, Peacock, currently facing?
- A) Subscriber loss
- B) Revenue decline
- C) High adjusted losses
- D) Competition from Netflix
- Answer: C) High adjusted losses
Which sector within Comcast saw a revenue increase due to post-pandemic demand?
- A) Cable TV
- B) Broadband
- C) Theme parks
- D) Advertising
- Answer: C) Theme parks
What impact did Comcast’s Q2 earnings have on its stock price initially?
- A) Significant rise
- B) Slight increase
- C) Significant drop
- D) No change
- Answer: C) Significant drop
Which aspect of Comcast’s business is being watched closely by investors due to upcoming major sports events?
- A) Cable TV
- B) Broadband
- C) Streaming services
- D) Theme parks
- Answer: C) Streaming services