Why did CMCSA's Q4 2024 EPS beat forecasts?

Comcast's Q4 2024 EPS beat forecasts due to several key factors: 1. **Strategic Investments in Network and Technology**: Comcast has been investing in network capabilities and technology, such as advanced broadband services and the Xfinity platform. These investments have positioned Comcast for future growth and have enhanced its competitive edge in providing superior customer experiences. 2. **Revenue Growth from Cable and Streaming Services**: Comcast's total revenue grew by 6.5% to $32.1 billion, with significant contributions from the Paris Olympics and subscriber growth in its streaming service, Peacock. Broadband and wireless services also saw revenue growth, driven by a 50% network reach increase and a 5% revenue growth in these segments. In conclusion, Comcast's EPS beat forecasts can be attributed to strategic investments in network and technology, as well as revenue growth from cable and streaming services. These factors have collectively contributed to the company's financial performance exceeding market expectations.