Will Comcast Rally On Q3 Earnings?

Company Overview - Comcast is set to announce its earnings on October 30, 2025, with a predicted revenue decrease of approximately 4% to $30.7 billion and earnings anticipated at about $1.10 per share [2] - The company has a current market capitalization of $111 billion and reported revenue of $124 billion over the past twelve months, yielding $23 billion in operating income and net earnings [3] Industry Challenges - The Internet segment of Comcast is facing challenges due to market saturation and competitive pressure from alternative internet options, particularly 5G Fixed Wireless Access from mobile network operators [2] - In Q2, Comcast lost 226,000 total broadband customers, primarily from the residential sector [2] Strategic Adjustments - Comcast has adjusted its broadband strategy to focus on transparent pricing and bundling wired and wireless services, along with network improvements [2] Historical Performance - Over the past five years, Comcast has recorded 20 earnings data points, with 11 positive and 9 negative one-day post-earnings returns, resulting in a 55% chance of positive returns [5] - This percentage increases to 58% when considering the last three years [5] - The median of positive returns is 3.4%, while the median of negative returns is -5.8% [5]