| CMCSA |
Report |
Domestic broadband net subscriber losses |
MISS |
pred ~-190K vs. cons -165,300 |
MEDIUM |
| CMCSA |
Report |
Adjusted EPS |
IN-LINE |
pred ~$0.98 vs. cons $0.97 |
MEDIUM |
| CMCSA |
Report |
Wireless net line additions |
BEAT |
pred ~410K vs. cons ~375K |
MEDIUM |
| CMCSA |
Guide |
Broadband ARPU trajectory (near-term pressure, relief only exiting 2026) |
LOWER |
guide ~-3.5% vs. cons ~-3.0% (2026Q2, with relief by 4Q26) |
MEDIUM |
| CMCSA |
Guide |
Peacock/Media EBITDA inflection ('approach profitability') |
BETTER |
guide Peacock EBITDA ~-$50M vs. cons ~-$150M (2026Q2) |
MEDIUM |
| CMCSA |
Guide |
NBCU+Sky spin-off financial framework (leverage split / dividend policy) |
UNKNOWN |
guide RemainCo net leverage ~2.3x vs. current 2.3x; dividend policy TBD (spin ~mid-2027) |
MEDIUM |
| CMCSA |
Guide |
Free wireless-line monetization / convergence tailwind (2H) |
BETTER |
guide majority of ~9.7M-base free lines convert to paid vs. cons ~$85 convergence ARPA (2H 2026) |
LOW |
| CMCSA |
Return |
Day-1 residual (stock − beta × S&P 500) |
-4.0% |
— |
MEDIUM |
| CMCSA |
Return |
5-day cumulative residual |
-4.0% (STABILIZE) |
Q2 is the first 'clean' broadband read without a Legendary February tentpole, and with guided incremental ARPU pressure the sub/ARPU combo likely disappoints even against low expectations (echoing Q1's post-print sell-off despite a sub beat). Sell-side trims out-period connectivity revenue/EBITDA on the softer ARPU and 2H-weighted relief story, arguing for follow-through; but at ~6.7x forward earnings, near multi-year lows, with an above-market dividend and NBCU/Sky spin optionality providing a valuation floor, downside dampens after the initial drop, so the residual stabilizes rather than compounding. |
LOW |