1 posts and columns on cable stocks

Voices

Comcast Shares Jump Ahead of Earnings Tomorrow A.M.

in News on October 28, 2008 at 3:32 pm PT

Comcast’s earnings get announced before tomorrow’s opening bell, but the company has a couple of things going for it that might be helping analysts predict what those numbers will look like. First, 70 percent of consumers prefer bundling, and currently only cable can offer it. Second, even as we head into a recession, broadband and video are considered “no more discretionary for most families than running water.”