Report
Hamilton Faber

Q1 in line, launches firm bid for Sky

Overall results were broadly in line. Revenues rose 11% (cons. 11%), EBITDA climbed 3% (cons. 3%) but EPS was ahead, mainly on lower than forecast tax. In cable, video losses of 96k missed the 59k consensus but the more important broadband adds were ahead at 379k (cons. 365k). Cable revenue and EBITDA were in line (at +4%/+5%) while NBCU was ahead with this beat offset by higher eliminations between the two segments. Wireless add figures were not disclosed but we would expect an update on the call.
Underlying
Comcast Corp.

Provider
Atlantic Equities
Atlantic Equities

Formed in 2003 by an established team from Cazenove, one of the most respected investment banks in the UK, Atlantic Equities conducts and publishes fundamental, bottom up research on mid and large cap US companies.

Atlantic provide order execution through a wide range of DMA products and algorithmic trading suites.

Analysts
Hamilton Faber

Other Reports on these Companies
Other Reports from Atlantic Equities

ResearchPool Subscriptions

Get the most out of your insights

Get in touch