Earnings Preview: What To Expect From Comcast's Report

Philadelphia, Pennsylvania-based Comcast Corporation (CMCSA) operates as a media and technology company worldwide. With a market cap of $130.6 billion, Comcast operates through Residential Connectivity & Platforms, Business Services Connectivity, Media, Studios, and Theme Parks segments.
The company is expected to announce its second-quarter results before the markets open on Thursday, Jul. 31. Ahead of the event, analysts expect CMCSA to deliver a profit of $1.17 per share, down 3.3% from $1.21 per share reported in the year-ago quarter. However, the company has surpassed the Street’s bottom-line expectations in each of the past four quarters.
For the full fiscal 2025, analysts expect Comcast’s earnings to remain flat at $4.33 per share, the same as the earnings reported in 2024. While in fiscal 2026, its earnings are expected to grow 7.4% year-over-year to $4.65 per share.
CMCSA stock has dropped 7.3% over the past 52 weeks, notably underperforming the S&P 500 Index’s ($SPX) 12.1% gains and the Communication Services Select Sector SPDR ETF Fund’s (XLC) 22.4% surge during the same time frame.
Comcast’s stock prices dropped 3.7% after the release of its mixed Q1 results on Apr. 24. While the company’s total domestic wireless line customers increased by 323,000, its total domestic broader customer base decreased by 199,000, and its total domestic video customer net losses stood at 427,000. This contributed to its overall topline declining 57 bps year-over-year to $29.9 billion. Meanwhile, the company experienced a slight improvement in margins, leading to a 4.5% year-over-year growth in adjusted EPS to $1.09. Moreover, its cash flows from operations increased 5.7% year-over-year to $8.3 billion.
The stock holds a consensus “Moderate Buy” rating overall. Of the 31 analysts covering the CMCSA stock, opinions include 15 “Strong Buys,” 14 “Holds,” and two “Strong Sells.” Its mean price target of $40.23 represents a 15% premium to current price levels.
On the date of publication, Aditya Sarawgi did not have (either directly or indirectly) positions in any of the securities mentioned in this article. All information and data in this article is solely for informational purposes. For more information please view the Barchart Disclosure Policy here.