NBCUniversal streaming service Peacock reached 24.5 million monthly active accounts in the U.S. at the end of 2021. That’s about 4.5 million more monthly active accounts than when we got our last update back in July. We did not get an actual subscriber tally (again) early Thursday morning, when parent company Comcast reported its fourth-quarter and full-year 2021 financials.
All told, Comcast outperformed analyst expectations, but those added Peacock accounts came at a steep price.
Wall Street forecast earnings per share (Eps) of 73 cents on $29.74 billion in revenue, according to a consensus of media analysts compiled by Yahoo Finance. Comcast reported Eps of 77 cents on $30.336 billion in revenue. The earnings figure was up 37.5% from Q4 2020; revenue rose 9.5%.
NBCU quarterly revenue jumped 25.6% from Q4 2020 to $9.3 billion. While revenue at the company’s Media segment, which includes Peacock, increased 8.4%, a $559 million loss related to the streaming service provided a big blow to the bottom line.
All told, Comcast outperformed analyst expectations, but those added Peacock accounts came at a steep price.
Wall Street forecast earnings per share (Eps) of 73 cents on $29.74 billion in revenue, according to a consensus of media analysts compiled by Yahoo Finance. Comcast reported Eps of 77 cents on $30.336 billion in revenue. The earnings figure was up 37.5% from Q4 2020; revenue rose 9.5%.
NBCU quarterly revenue jumped 25.6% from Q4 2020 to $9.3 billion. While revenue at the company’s Media segment, which includes Peacock, increased 8.4%, a $559 million loss related to the streaming service provided a big blow to the bottom line.
- 1/27/2022
- by Tony Maglio
- The Wrap
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