Comcast (CMCSA) Projected to Announce Quarterly Earnings on Thursday

Key Points

• Comcast is expected to report Q3 2026 results before Thursday’s market open, with analysts forecasting $0.987 in EPS and $29.20 billion in revenue.
• In the prior quarter, Comcast beat earnings and revenue estimates, reporting $1.04 EPS and $29.94 billion in revenue, though revenue declined 1.2% year over year.
• The stock recently traded near its 12-month low, while analysts maintained an overall “Hold” rating with an average price target of $30.81; Comcast also declared a $0.33 quarterly dividend, implying a 6.3% yield.

Comcast (NASDAQ:CMCSA - Get Free Report) is anticipated to release its Q3 2026 results before the market opens on Thursday, October 22nd. Analysts expect the company to announce earnings of $0.9870 per share and revenue of $29.20 billion for the quarter. Interested persons are encouraged to explore the company's upcoming Q3 2026 earnings overview page for the latest details on the call scheduled for Thursday, October 22, 2026 at 8:30 AM ET.

Comcast (NASDAQ:CMCSA - Get Free Report) last issued its quarterly earnings data on Thursday, July 23rd. The cable giant reported $1.04 earnings per share (EPS) for the quarter, topping analysts' consensus estimates of $0.97 by $0.07. Comcast had a return on equity of 14.77% and a net margin of 8.97%. The company had revenue of $29.94 billion during the quarter, compared to analysts' expectations of $29.24 billion. During the same quarter in the previous year, the company posted $1.25 earnings per share. The business's revenue was down 1.2% on a year-over-year basis. On average, analysts expect Comcast to post $3.49 EPS for the current fiscal year and $3.61 EPS for the next fiscal year.

Comcast Price Performance

Comcast stock opened at $21.05 on Thursday. Comcast has a 12 month low of $20.48 and a 12 month high of $32.85. The stock's 50 day moving average is $24.28 and its 200-day moving average is $24.91. The company has a current ratio of 0.80, a quick ratio of 0.80 and a debt-to-equity ratio of 0.94. The company has a market capitalization of $74.70 billion, a price-to-earnings ratio of 5.51, a PEG ratio of 1.50 and a beta of 0.68.

Comcast Announces Dividend

The company also recently declared a quarterly dividend, which will be paid on Wednesday, October 28th. Investors of record on Wednesday, October 7th will be issued a dividend of $0.33 per share. This represents a $1.32 annualized dividend and a yield of 6.3%. The ex-dividend date of this dividend is Wednesday, October 7th. Comcast's dividend payout ratio (DPR) is presently 42.72%.

Analyst Ratings Changes

CMCSA has been the topic of a number of research reports. KeyCorp lowered Comcast from a "sector weight" rating to an "underweight" rating and set a $18.00 price objective on the stock. in a report on Thursday, September 24th. Wells Fargo & Company set a $23.00 price objective on Comcast and gave the stock an "underweight" rating in a research report on Friday, July 24th. Royal Bank Of Canada set a $26.00 target price on Comcast and gave the stock a "sector perform" rating in a report on Friday, July 24th. Raymond James Financial reissued a "market perform" rating on shares of Comcast in a research report on Friday, October 2nd. Finally, Moffett Nathanson reduced their target price on shares of Comcast from $52.00 to $43.00 and set a "buy" rating for the company in a research report on Tuesday, September 22nd. Eleven analysts have rated the stock with a Buy rating, thirteen have assigned a Hold rating and five have given a Sell rating to the company. Based on data from MarketBeat, the company currently has an average rating of "Hold" and an average target price of $30.81.

About Comcast

Comcast Corporation NASDAQ: CMCSA is a global media and communications company headquartered in Philadelphia, Pennsylvania. Its businesses include broadband internet, wireless services, video, voice, and business connectivity services, primarily marketed under the Xfinity brand in the United States. Comcast also provides advertising and related technology services to businesses and media organizations.

Through NBCUniversal, Comcast operates national and local television networks, broadcast network NBC, Spanish-language network Telemundo, the Peacock streaming service, and a portfolio of film and television production businesses.

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