NASDAQ$CMCSA
Comcast Corp · Q3 2022 earnings
Q3 2022 earnings · · Investor relations
Briefing
Comcast's Q3 2022 financial performance reflected solid growth in adjusted EBITDA and adjusted EPS, driven by strong performance in Cable, NBCUniversal, and effective management at Sky amidst macroeconomic challenges.
Comcast Corporation reported a decrease in revenue by 1.5% to $29.8 billion. Net loss attributable to Comcast was $(4.6) billion, compared to net income of $4.0 billion in the prior year period. However, Adjusted EBITDA increased by 5.9% to $9.5 billion and Adjusted EPS increased by 10.3% to $0.96. The company generated $3.4 billion in free cash flow and returned $4.7 billion to shareholders through dividends and share repurchases.
- Consolidated Adjusted EBITDA increased 5.9% to $9.5 Billion; Generated Free Cash Flow of $3.4 Billion.
- Cable Communications Adjusted EBITDA Increased 5.4% and Adjusted EBITDA per Customer Relationship Increased 4.0%; Adjusted EBITDA Margin Increased 120 Basis Points to 45.1%, Its Highest on Record.
- NBCUniversal Adjusted EBITDA Increased 24.6% to $1.7 Billion, Including Peacock Losses.
- Sky Revenue Decreased 14.7% to $4.3 Billion; On a Constant Currency Basis, Revenue Was Consistent with the Prior Year Period.
Headline financials
Revenue & EPS history
Comcast · Revenue · Quarterly
$29.8B
Revenue by segment
Comcast · $27B total across 4 segments · Q3 2022
- Residential Connectivity$16.5B+2.6%61.3%
- Media$5.23B-22.7%19.4%
- Studios$3.16B+31.4%11.7%
- Theme Parks$2.06B+42.4%7.6%
Forward guidance
Comcast did not provide specific financial guidance in this earnings report.
Historical earnings impact
How earnings announcements have historically affected this stock's price.
Avg. return before/after earnings
Based on 20 quarterly earnings reports · overlaid with Q3 2022
+0.4%
Avg return
Earnings day
-0.2%
Avg return
5 days after
+1.1%
Avg return
30 days after
55%
40 / 73 earnings
Positive
+13.3%
Q1 2023
Best reaction
-13.5%
Q2 2022
Worst reaction
| Quarter | Report date | Reaction (Day 0) | +5 days | +30 days |
|---|---|---|---|---|
| Q1 2026 | -0.9% | -5.9% | -14.2% | |
| Q4 2025 | +2.8% | +4.8% | +9.0% | |
| Q3 2025 | -5.2% | -3.8% | -6.4% | |
| Q2 2025 | +2.2% | +0.0% | +4.5% | |
| Q1 2025 | -3.7% | -1.5% | +0.1% | |
| Q4 2024 | -11.0% | -10.2% | -4.0% | |
| Q3 2024 | +3.1% | +0.8% | +2.2% | |
| Q2 2024 | -3.6% | +0.4% | -0.3% | |
| Q1 2024 | -4.1% | -5.2% | -4.2% | |
| Q4 2023 | +5.6% | +6.5% | -4.3% | |
| Q3 2023 | -7.3% | -3.4% | -0.4% | |
| Q2 2023 | +5.4% | +5.6% | +6.0% | |
| Q1 2023 | +13.3% | +12.8% | +8.1% | |
| Q4 2022 | -1.2% | -1.9% | -7.7% | |
| Q3 2022 | +1.4% | +0.2% | +13.2% | |
| Q2 2022 | -13.5% | -13.1% | -15.1% | |
| Q1 2022 | -10.6% | -9.2% | -0.7% | |
| Q4 2021 | +2.6% | +3.1% | -2.9% | |
| Q3 2021 | -1.9% | +0.4% | -2.6% | |
| Q2 2021 | +1.5% | +0.4% | +2.4% | |
| Q1 2021 | +3.8% | +4.7% | +6.0% | |
| Q4 2020 | +2.4% | +5.7% | +8.9% | |
| Q3 2020 | +0.6% | +1.5% | +23.3% | |
| Q2 2020 | -2.5% | -1.6% | +1.5% | |
| Q1 2020 | -5.2% | -7.6% | +1.5% | |
| Q4 2019 | -6.0% | -7.2% | -3.4% | |
| Q3 2019 | -0.2% | -0.8% | -2.0% | |
| Q2 2019 | -0.5% | -1.8% | -5.4% | |
| Q1 2019 | +2.9% | +4.0% | +2.0% | |
| Q4 2018 | +3.6% | +1.1% | +10.4% | |
| Q3 2018 | +3.3% | +10.5% | +9.6% | |
| Q2 2018 | +5.0% | +7.1% | +9.2% | |
| Q1 2018 | -0.1% | -5.9% | -4.8% | |
| Q4 2017 | -0.7% | -1.1% | -6.9% | |
| Q3 2017 | -0.1% | -2.2% | -2.6% | |
| Q2 2017 | +0.4% | +2.5% | +2.2% | |
| Q1 2017 | +1.0% | +1.4% | +5.5% | |
| Q4 2016 | +3.4% | +2.7% | +3.2% | |
| Q3 2016 | -4.7% | -4.2% | +7.2% | |
| Q2 2016 | +1.0% | +0.5% | -2.5% | |
| Q1 2016 | +0.2% | — | — | |
| Q4 2015 | +6.6% | — | — | |
| Q3 2015 | -0.4% | — | — | |
| Q2 2015 | -3.6% | — | — | |
| Q1 2015 | -0.8% | — | — | |
| Q4 2014 | +2.4% | — | — | |
| Q3 2014 | +0.8% | — | — | |
| Q2 2014 | +1.7% | — | — | |
| Q1 2014 | +2.7% | — | — | |
| Q4 2013 | +1.1% | — | — | |
| Q3 2013 | -0.3% | — | — | |
| Q2 2013 | +7.3% | — | — | |
| Q1 2013 | +2.0% | — | — | |
| Q4 2012 | +3.9% | — | — | |
| Q3 2012 | +3.2% | — | — | |
| Q2 2012 | +4.9% | — | — | |
| Q1 2012 | -0.8% | — | — | |
| Q4 2011 | -0.3% | — | — | |
| Q3 2011 | +1.5% | — | — | |
| Q2 2011 | -4.1% | — | — | |
| Q1 2011 | -2.0% | — | — | |
| Q4 2010 | +3.3% | — | — | |
| Q3 2010 | +6.2% | — | — | |
| Q2 2010 | -0.9% | — | — | |
| Q1 2009 | +8.3% | — | — | |
| Q1 2010 | +8.3% | — | — | |
| Q4 2007 | +1.4% | — | — | |
| Q2 2009 | +1.4% | — | — | |
| Q4 2009 | +1.4% | — | — | |
| Q3 2009 | -2.2% | — | — | |
| Q3 2008 | -2.2% | — | — | |
| Q4 2008 | -0.7% | — | — | |
| Q2 2008 | -0.7% | — | — |
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