Core Viewpoint - Comcast is expected to report quarterly earnings of 29.68 billion, a decrease of 1.3% compared to the previous year [1]. Earnings Estimates - Over the last 30 days, the consensus EPS estimate has been revised downward by 1.4%, indicating a collective reassessment by analysts [2]. - Revisions to earnings estimates are crucial indicators for predicting investor actions regarding the stock, with empirical research showing a strong correlation between earnings estimate trends and short-term stock performance [3]. Revenue Projections - Analysts estimate 'Revenue- Residential Connectivity & Platforms- Domestic Wireless' to be 1.92 billion, reflecting a decrease of 3.1% from the prior year [5]. - 'Revenue- Content & Experiences- Media' is expected to be 6.47 billion, indicating a 6% decrease compared to the previous year [6]. Customer Metrics - 'Domestic Broadband - Residential Customers' is projected to reach 29.25 million, down from 29.69 million in the same quarter last year [7]. - 'Domestic Broadband - Business Customers' is expected to be 2.46 million, compared to 2.5 million reported in the same quarter last year [7]. - 'Total Domestic Video Customers' is forecasted at 12.13 million, down from 13.62 million in the previous year [8]. - 'Total Domestic Broadband Customers' is projected to be 31.71 million, compared to 32.19 million reported last year [8]. - 'Customer relationships - Domestic Residential Connectivity & Platforms Customer Relationships' is expected to reach 31.04 million, down from 31.56 million in the same quarter last year [9]. - 'Customer relationships - International Residential Connectivity & Platforms Customer Relationships' is estimated at 17.77 million, slightly down from 17.78 million year-over-year [10]. - 'Customer relationships - Business Services Connectivity Customer Relationships' is projected at 2.62 million, compared to 2.63 million last year [10]. - 'Customer relationships - Total Connectivity & Platforms Customer Relationships' is expected to be 51.44 million, down from 51.97 million in the same quarter last year [11]. Stock Performance - Comcast shares have decreased by 6.8% over the past month, closely mirroring the 6.9% decline of the Zacks S&P 500 composite [12].
Comcast (CMCSA) Q1 Earnings on the Horizon: Analysts' Insights on Key Performance Measures