Value Expert Tunes in to Comcast

05/10/2017 2:50 am EST

Focus: STOCKS

John Buckingham

Editor, The Prudent Speculator

Comcast (CMCSA) is a global media and technology company with two primary businesses, Comcast Cable and NBCUniversal, notes John Buckingham, value investing expert and editor of The Prudent Speculator.

The former is one of the nation’s largest video, high-speed Internet and phone providers to residential customers under the XFINITY brand and also provides these services to businesses. 

The latter operates news, entertainment and sports cable networks, the NBC and Telemundo broadcast networks, television production operations, television station groups, Universal Pictures and Universal Parks and Resorts. 

Q1 saw CMCSA earn $0.53 per share ($0.44 est.), boosted by strong growth and customer metrics in the Cable segment and positive contributions from NBCUniversal. 

Comcast expects to benefit from strong television advertising demand for the Super Bowl, the Winter Olympics and the World Cup (on Telemundo) in the 2017-2018 season, while new attractions to its theme parks, including Jimmy Fallon’s Race through New York, should result in additional visitors. 

We are also pleased that its recent DreamWorks acquisition is already positively contributing to EBITDA, and like that CMCSA is expanding its already-diversified income stream and augmenting its ample opportunities for organic growth. 

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