Comcast will report earnings before the bell on Tuesday as Wall Street remains focused on the broadband and streaming businesses.
Wall Street remains focused on Comcast's results for its broadband business, which has seen subscriber growth slow in recent years.reports second-quarter earnings before the bell on Tuesday, and Wall Street will be paying close attention to subscriber growth — for both the broadband and streaming businesses.Sign up for our free Olympics Headlines newsletter.
Last quarter Peacock had a total of 34 million customers. The company touted the streamer as a bright spot and said the exclusive National Football League Wild Card game that aired on Peacock helped to add and retain more customers than expected. Still, while customers and revenue rose for Peacock during the first quarter, the streamer continues to rack up quarterly losses.
Later this week, Peacock will become the streaming home to the Paris Summer Olympics. NBCUniversal will air the summer games on its broadcast and cable TV networks, and the entirety of the event will stream live on Peacock for the first time. Last quarter company executives said it was on track to generate its highest advertising revenue in its history for the Olympics.
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