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StockNews.com
StockNews.com
Business
Dipanjan Banchur

Comcast: Buy the Dip or Steer Clear?

Comcast Corporation (CMCSA) is a media and technology company. Its Cable Communications segment consists of the operations of Comcast Cable, which provides broadband, video, voice, and other services under the XFINITY brand. Its Media segment consists of television and streaming platforms. Its Studios segment consists of film and television studio production and distribution operations. The company has three primary businesses: Comcast Cable, NBCUniversal, and Sky.

CMCSA reported impressive fiscal first-quarter results, beating Wall Street estimates for sales and adjusted EPS by 1.9% and 6.8%, respectively.

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