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Comcast (CMCSA) Q1 Earnings: How Key Metrics Compare to Wall Street Estimates

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For the quarter ended March 2026, Comcast (CMCSA - Free Report) reported revenue of $31.46 billion, up 5.3% over the same period last year. EPS came in at $0.79, compared to $1.09 in the year-ago quarter.

The reported revenue represents a surprise of +2.8% over the Zacks Consensus Estimate of $30.6 billion. With the consensus EPS estimate being $0.73, the EPS surprise was +8.94%.

While investors closely watch year-over-year changes in headline numbers -- revenue and earnings -- and how they compare to Wall Street expectations to determine their next course of action, some key metrics always provide a better insight into a company's underlying performance.

As these metrics influence top- and bottom-line performance, comparing them to the year-ago numbers and what analysts estimated helps investors project a stock's price performance more accurately.

Here is how Comcast performed in the just reported quarter in terms of the metrics most widely monitored and projected by Wall Street analysts:
  • Net Additions / (Losses) - Total Domestic Video Customers: -322 thousand versus the four-analyst average estimate of -326.4 thousand.
  • Total Domestic Video Customers: 10.95 million versus 10.94 million estimated by four analysts on average.
  • Total Domestic Wireless Lines: 9.74 million versus 9.66 million estimated by three analysts on average.
  • Customer Relationships - Total Connectivity & Platforms Customer Relationships: 47.95 million compared to the 48.75 million average estimate based on three analysts.
  • Revenue- Content & Experiences- Total: $11.94 billion compared to the $11.61 billion average estimate based on six analysts. The reported number represents a change of +14.2% year over year.
  • Revenue- Connectivity & Platforms- Total: $19.96 billion versus $19.82 billion estimated by six analysts on average. Compared to the year-ago quarter, this number represents a -0.9% change.
  • Revenue- Residential Connectivity & Platforms- Total Residential Connectivity: $8.97 billion versus the five-analyst average estimate of $8.77 billion. The reported number represents a year-over-year change of +1.8%.
  • Revenue- Residential Connectivity & Platforms- Residential Connectivity- International Connectivity: $1.24 billion compared to the $1.22 billion average estimate based on five analysts. The reported number represents a change of +9.5% year over year.
  • Revenue- Connectivity & Platforms- Business Services Connectivity: $2.64 billion versus $2.63 billion estimated by five analysts on average. Compared to the year-ago quarter, this number represents a +5.8% change.
  • Revenue- Connectivity & Platforms- Residential Connectivity & Platforms: $17.32 billion compared to the $17.21 billion average estimate based on five analysts. The reported number represents a change of -1.8% year over year.
  • Revenue- Content & Experiences- Theme Parks: $2.33 billion compared to the $2.29 billion average estimate based on five analysts. The reported number represents a change of +24.3% year over year.
  • Revenue- Content & Experiences- Studios: $3.43 billion versus $2.88 billion estimated by five analysts on average. Compared to the year-ago quarter, this number represents a +21.2% change.

View all Key Company Metrics for Comcast here>>>

Shares of Comcast have returned +2.2% over the past month versus the Zacks S&P 500 composite's +9.7% change. The stock currently has a Zacks Rank #3 (Hold), indicating that it could perform in line with the broader market in the near term.

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