Comcast said fourth quarter profit surged as the company saw good results at its mobile business, at the box office and at its Peacock streaming hub. Meanwhile, the Philadelphia cable-and-entertainment giant said it would recognize a $1.

Comcast Corp. reported fourth-quarter revenue and profit that beat Wall Street’s expectations thanks to big gains for its movie studio and better-than-expected results at its theme parks. Sales rose 2% to $31.

Comcast beat Wall Street expectations for its fourth quarter of 2024 as Peacock continued to narrow its losses and “Wicked” helped the studios business defy gravity with an 85% increase in profit. But shares of the media conglomerate traded lower on Thursday after the media conglomerate shed 139,