Company Performance - Comcast's stock closed at $35.63, reflecting a gain of +2.98% from the previous trading session, outperforming the S&P 500's daily gain of 0.55% [1] - Over the past month, Comcast shares have decreased by 0.35%, while the Consumer Discretionary sector and the S&P 500 have increased by 5.92% and 6.29%, respectively [1] Upcoming Earnings - The upcoming EPS for Comcast is projected at $1.18, indicating a 2.48% decline compared to the same quarter last year [2] - Revenue is estimated to be $29.81 billion, showing a growth of 0.4% compared to the corresponding quarter of the previous year [2] Full-Year Estimates - Full-year earnings are expected to be $4.35 per share, with revenue projected at $122.07 billion, representing year-over-year changes of +0.46% and -1.35%, respectively [3] - Recent changes to analyst estimates for Comcast suggest a shifting business landscape, with positive revisions indicating a favorable outlook [3] Valuation Metrics - Comcast has a Forward P/E ratio of 7.95, which is lower than the industry's Forward P/E of 8.97, indicating a valuation discount [6] - The PEG ratio for Comcast is 1.69, compared to the Cable Television industry's average PEG ratio of 0.45 [6] Industry Context - The Cable Television industry is part of the Consumer Discretionary sector and currently holds a Zacks Industry Rank of 199, placing it in the bottom 20% of over 250 industries [7] - The Zacks Industry Rank is based on the average Zacks Rank of individual stocks, with top-rated industries outperforming the bottom half by a factor of 2 to 1 [7]
Why Comcast (CMCSA) Outpaced the Stock Market Today