Comcast CMCSA unveils its next round of earnings this Wednesday, August 3, 2011. Get prepared with Benzinga's ultimate preview for Comcast's second quarter earnings.
Earnings and Revenue:
Wall Street expects an EPS of 41 cents per share and revenues of $13.83 billion. Investors will be keen to see how this quarter's numbers stack up against the year-ago quarter's positive EPS of 33 cents per share on revenues of $9.52 billion. Can Comcast manage the estimated 24.2% rise in EPS and 45.3% increase in revenues from the year-ago quarter as analysts are predicting? We'll have to wait until Wednesday to find out.
Here's how the company's reported EPS has stacked up against analyst estimates in the past:
Quarter | Q1 | Q4 | Q3 | Q2 |
EPS Estimate | $0.34 | $0.32 | $0.30 | $0.32 |
EPS Actual | $0.36 | $0.34 | $0.32 | $0.33 |
Stock Performance:
At last check, shares of Comcast were trading at $24.17. Since January 1st, shares of Comcast have given investors a return of 11.5%. For a full 12 months, the return has risen by 38.7%. Given that these returns are generally positive, long-term shareholders are probably satisfied going into this earnings release.
- Long-term shareholders are already enjoying 12-month gains prior to the announcement
Average Stock Rating:
The average rating by analysts for Comcast is a Moderate Buy. Over the past three months this rating's strength has declined slightly.
Competitors:
Want to check out the performance of Comcast closest competitors? Take a look at some of the company's peers in the consumer discretionary sector.
- CBS CBS: Moderate Buy with a $0.29 recent quarter EPS
- Charter Communications CHTR: Hold with a -$0.58 recent quarter EPS
- Walt Disney Company DIS: Hold with a $0.49 recent quarter EPS
- Cablevision Systems (CVC): Hold with a $0.38 recent quarter EPS
Comcast is in the cable TV industry, which has experienced price/earnings growth of 0.4%.
Finally, a description of the company's main areas of operation: Comcast provides cable and communications services, offering a variety of entertainment and information to residential and commercial customers.
Take Action:
Now that you have reviewed all the numbers, be ready to move if the upcoming Comcast earnings report has any surprises. Also, come back to Benzinga after the announcement for a full recap and a guide to your next steps.
© 2024 Benzinga.com. Benzinga does not provide investment advice. All rights reserved.
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