Here's What to Expect From Comcast’s Next Earnings Report

Core Insights - Comcast Corporation (CMCSA) has a market capitalization of $108.8 billion and operates as a global media and technology conglomerate, evolving from a regional cable provider to a diversified entity with significant operations in broadband, wireless, video, and voice services [1] Financial Performance Expectations - Analysts anticipate that Comcast will report a profit of $1.10 per share for the third quarter, reflecting a 1.8% decrease from the $1.12 per share reported in the same quarter last year [2] - For the current year, earnings are expected to decline by 1.2% from $4.33 per share in 2024 to $4.28 per share, but a growth of 4.4% is projected for fiscal 2026, reaching $4.47 per share [3] Stock Performance - Over the past 52 weeks, CMCSA stock has decreased by 28.7%, significantly underperforming the S&P 500 Index, which gained 14.4%, and the Communication Services Select Sector SPDR ETF Fund, which surged by 25.9% [4] - On October 10, CMCSA shares fell by 2.1% after Bernstein analyst Laurent Yoon maintained a "Hold" rating with a price target of $36, while the overall consensus rating is "Moderate Buy" with a mean price target of $39.91, indicating a 35.7% premium to current price levels [5]