On Thursday, July 30, Comcast CMCSA will release its latest earnings report. Decipher the announcement with Benzinga's help.
Earnings and Revenue
Analysts predict Comcast will report earnings of $0.55 per share on revenue of $23.58 billion. In the same quarter last year, Comcast reported earnings per share of $0.780 on revenue of $26.86 billion. The Wall Street estimate would represent a 29.49% decline in the company's earnings. Sales would have fallen 11.85% from the same quarter last year. Here's how the Comcast's reported EPS has stacked up against analyst estimates in the past:
| Quarter | Q1 2020 | Q4 2020 | Q3 2019 | Q2 2019 |
|---|---|---|---|---|
| EPS Estimate | 0.68 | 0.76 | 0.74 | 0.75 |
| EPS Actual | 0.71 | 0.79 | 0.79 | 0.78 |
| Revenue Estimate | 26.75 B | 28.17 B | 26.79 B | 27.08 B |
| Revenue Actual | 26.61 B | 28.40 B | 26.83 B | 26.86 B |
Stock Performance
Shares of Comcast were trading at $43.21 as of July 29. Over the last 52-week period, shares are up 1.98%. Given that these returns are generally positive, long-term shareholders should be content going into this earnings release.
Don't be surprised to see the stock move on comments made during its conference call. Comcast is scheduled to hold the call at 08:30:00 ET and can be accessed here: https://edge.media-server.com/mmc/p/q73bjjyy
© 2024 Benzinga.com. Benzinga does not provide investment advice. All rights reserved.
Date | ticker | name | Actual EPS | EPS Surprise | Actual Rev | Rev Surprise |
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