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Comcast beat third-quarter expectations with adjusted earnings of $1.07 per share on $29.3 billion in revenue, but underlying business trends show a complex picture. While Peacock delivered $261 million in EBITDA and free cash flow reached a massive $4.21 billion to easily support a dividend yield near 6%, the company shed 144,000 domestic broadband customers and theme park earnings dropped 17%. Trading at just 7.2 times earnings with a 69% gross margin compared to Netflix at 19 times, Comcast scores an A+ in profitability but an F in growth, securing a Hold rating from Seeking Alpha's quant system.
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