StocksMediumUpdated×4•Originally published 22 October 2026•Updated 22 October 2026•
1 min read
Comcast shares slip despite Peacock profitability and Q3 earnings beat
Key Facts
1Comcast revenue fell 6.1% year on year to $29.30 billion in the third quarter of 2026.
2Earnings per share were $1.07, compared with expectations of $0.980.
3Peacock posted its first quarterly profit in the second quarter of 2026, with earnings before interest, taxes, depreciation and amortization of $189 million.
4Comcast lost 167,000 broadband subscribers in the second quarter of 2026, compared with expected losses of 165,300 subscribers.
Comcast CMCSA shares fell 1.3% to $22.08 on October 22, 2026, despite the company reporting that its Peacock streaming service achieved profitability in the third quarter. According to results published by Investing.com, earnings per share reached $1.07, beating the analyst consensus of $0.980, on total revenue of $29.30 billion.
Growth in the wireless segment helped offset ongoing pressure in broadband, while the company noted weaker performance across its theme parks. Although total revenue exceeded the Bloomberg estimate of $29.14 billion, the figure represented a 6.1% year-over-year decline, weighing on the stock despite the milestone profitability reached by Peacock.