How does CMCSA's 2024 EPS trend look?
3/28/2025 04:15pm
Comcast's EPS trend for 2024 shows a robust and growing pattern throughout the year, with notable achievements in the fourth quarter.
1. **Growth Trend**: Comcast's adjusted EPS grew by 13.9% in Q1 2024, reaching $1.04. This set a positive tone for the year, demonstrating the company's strong profitability and financial health.
2. **Quarterly Performance**: The EPS growth continued with a reported adjusted EPS of $0.96 in Q4 2024, which exceeded market expectations by $0.10. This marked a 13.9% increase compared to Q4 2023, when the EPS was $0.84.
|code|Ticker|Name|Date|Diluted EPS YoY|Diluted EPS|market_code|
|---|---|---|---|---|---|---|
|CMCSA|CMCSA.O|Comcast|2024 Q1|6.593406593406587|0.97|185|
|CMCSA|CMCSA.O|Comcast|2024 Q2|-1.960784313725492|1|185|
|CMCSA|CMCSA.O|Comcast|2024 Q3|-4.081632653061228|0.94|185|
3. **Annual Performance**: For the full year 2024, Comcast reported an EPS of $4.14, which represents a significant increase from the previous year. This growth was driven by strong performances across its connectivity and media segments, despite challenges in its traditional video services.
4. **Market Response**: The market responded positively to Comcast's earnings reports, with the stock price rising by 1.23% following the Q4 2024 announcement. This reflects investor confidence in Comcast's strategic direction and financial performance.
In conclusion, Comcast's 2024 EPS trend demonstrates robust growth and resilience across the year, with exceptional performance in the fourth quarter. The company's strategic focus on network upgrades and content diversification has clearly paid off, as evidenced by its consistently strong EPS figures and positive market reactions.