Comcast Q3 Beats Estimates as Peacock Turns Profitable and NBCU Spinoff Case Strengthens
Comcast delivered a third-quarter earnings beat on the back of stronger media performance, with Peacock posting another profitable quarter and NBCUniversal benefiting from the breakout success of 'The Odyssey.' The results helped offset continued weakness in broadband and connectivity, reinforcing the investment case for Comcastโs planned media spinoff even as its core cable business remains under pressure.
