Comcast (CMCSA) Beats Q3 Earnings and Revenue Estimates

Core Insights - Comcast reported quarterly earnings of $1.12 per share, exceeding the Zacks Consensus Estimate of $1.1 per share, with an earnings surprise of +1.82% [1] - The company generated revenues of $31.2 billion for the quarter ended September 2025, surpassing the Zacks Consensus Estimate by 1.85%, although this represents a decline from $32.07 billion year-over-year [2] - Comcast has consistently surpassed consensus EPS estimates over the last four quarters [2] Financial Performance - The earnings report indicates that Comcast's earnings were adjusted for non-recurring items, maintaining the same earnings per share as the previous year [1] - The company has outperformed consensus revenue estimates four times in the last four quarters [2] - Comcast shares have decreased approximately 24% since the beginning of the year, contrasting with the S&P 500's gain of 17.2% [3] Future Outlook - The future performance of Comcast's stock will largely depend on management's commentary during the earnings call and the company's earnings outlook [3][4] - Current consensus EPS estimate for the upcoming quarter is $0.81 on revenues of $32.18 billion, and for the current fiscal year, it is $4.28 on revenues of $123.01 billion [7] - The Zacks Rank for Comcast is currently 3 (Hold), indicating expected performance in line with the market in the near future [6] Industry Context - The Cable Television industry, to which Comcast belongs, is currently ranked in the bottom 30% of over 250 Zacks industries, which may negatively impact stock performance [8] - Empirical research suggests a strong correlation between near-term stock movements and trends in earnings estimate revisions, which investors can track [5]