Analyst Green-Lights Comcast Spinoff: How CMCSA's ... - Benzinga

6 days ago · Also read: The Analyst Verdict: Comcast In The Eyes Of 15 Experts Price Action: Shares of Comcast Corp were up 0.98% to $43.41 in the pre-market hours on Thursday, whereas were up by 0.26% ...

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Analyst Green-Lights Comcast Spinoff: How CMCSA's ... - Benzinga

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Comcast: Analyst's Bearishness On Cable Spinoff Is Wrong. It's A …

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6 days ago · Comcast's annual revenue hit $121b in 2023. The proposed spinoff of its cable group represents $7b in revenue. Click here to find out more on CMCSA stock.

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Comcast (NASDAQ:CMCSA) Launches $7 Billion Spinoff

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Nov 20, 2024 · After a 3% rally in its share price over the past year, the average CMCSA price target of $49.47 per share implies 16.37% upside potential.See more CMCSA analyst …

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Comcast To Spin Off Cable Networks That Were Once The ... - WGN-TV

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Nov 21, 2024 · Comcast telegraphed the shift last month, before confirming Wednesday that it will spin off assets that generated about $7 billion in revenue over the past 12 months ending …

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FAQs about Analyst Green-Lights Comcast Spinoff: How CMCSA's ... - Benzinga Coupon?

Why did Comcast spin off its cable networks?

Investing.com - BofA analyst on Thursday said Comcast Corp (NASDAQ:CMCSA) decision to spin off its cable networks, excluding Bravo, and some digital assets into a separate company, was a “positive strategic step”. Analyst believes the move will allow Comcast to focus on higher-growth segments by separating slower-growing cable assets. ...

Will a cable spinoff help Comcast share prices?

Macquarie senior media-tech analyst Tim Nollen wrote after the trial balloon that a cable spinoff probably helps Comcast share prices, clearing out an underperforming unit that is dragging on results. ...

Will Comcast's cable assets spinoff solve inherited sector problems?

Initial negative takes by some analysts on Comcast's cable assets spinoff, who see no solution to inherited sector problems, are wrong. The key lies in the spinoff's flexibility to add and reshape the business, unencumbered by corporate goals on remaining segments. ...

Will Comcast spin-off drive growth?

Analyst believes the move will allow Comcast to focus on higher-growth segments by separating slower-growing cable assets. The newly formed company is expected to acquire additional cable networks to achieve scale and drive growth. The spin-off is also expected to return capital to shareholders through dividends or share repurchases. ...

Will Comcast's NBCUniversal spinoff lead to other changes?

Boorstin also mentioned analyst speculation that the spinoff may lead to other shifts in Comcast’s remaining structure, possibly including the rest of the NBCUniversal entertainment operations as well as its Universal theme parks. ...

How much money did Comcast make from a cable TV spinoff?

The entities in the planned spinoff generated about $7 billion of revenue in the 12 months that ended September 30, 2024, Comcast said. But cable TV channels have become less lucrative in an industry that's shifting to the streaming model, and the spinoff would let Comcast remove those assets from its earnings reports. ...