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Comcast (CMCSA) Exceeds Market Returns: Some Facts to Consider
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Comcast (CMCSA - Free Report) closed at $23.49 in the latest trading session, marking a +1.29% move from the prior day. This change outpaced the S&P 500's 0.38% gain on the day. Elsewhere, the Dow gained 0.29%, while the tech-heavy Nasdaq added 0.62%.
Heading into today, shares of the cable provider had lost 1.99% over the past month, lagging the Consumer Discretionary sector's loss of 1.13% and the S&P 500's gain of 1.61%.
The investment community will be paying close attention to the earnings performance of Comcast in its upcoming release. The company is slated to reveal its earnings on July 23, 2026. In that report, analysts expect Comcast to post earnings of $0.97 per share. This would mark a year-over-year decline of 22.4%. Meanwhile, the latest consensus estimate predicts the revenue to be $29.24 billion, indicating a 3.54% decrease compared to the same quarter of the previous year.
For the full year, the Zacks Consensus Estimates project earnings of $3.49 per share and a revenue of $121.86 billion, demonstrating changes of -19.03% and -1.49%, respectively, from the preceding year.
It is also important to note the recent changes to analyst estimates for Comcast. These recent revisions tend to reflect the evolving nature of short-term business trends. With this in mind, we can consider positive estimate revisions a sign of optimism about the business outlook.
Research indicates that these estimate revisions are directly correlated with near-term share price momentum. To exploit this, we've formed the Zacks Rank, a quantitative model that includes these estimate changes and presents a viable rating system.
The Zacks Rank system ranges from #1 (Strong Buy) to #5 (Strong Sell). It has a remarkable, outside-audited track record of success, with #1 stocks delivering an average annual return of +25% since 1988. Over the past month, the Zacks Consensus EPS estimate has shifted 1.21% downward. Comcast is currently a Zacks Rank #4 (Sell).
In terms of valuation, Comcast is presently being traded at a Forward P/E ratio of 6.65. This denotes a premium relative to the industry average Forward P/E of 4.85.
One should further note that CMCSA currently holds a PEG ratio of 1.91. This popular metric is similar to the widely-known P/E ratio, with the difference being that the PEG ratio also takes into account the company's expected earnings growth rate. The Cable Television industry currently had an average PEG ratio of 0.59 as of yesterday's close.
The Cable Television industry is part of the Consumer Discretionary sector. This group has a Zacks Industry Rank of 238, putting it in the bottom 4% of all 250+ industries.
The Zacks Industry Rank assesses the strength of our separate industry groups by calculating the average Zacks Rank of the individual stocks contained within the groups. Our research shows that the top 50% rated industries outperform the bottom half by a factor of 2 to 1.
To follow CMCSA in the coming trading sessions, be sure to utilize Zacks.com.
View the Zacks #1 Rank List
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Comcast (CMCSA) Exceeds Market Returns: Some Facts to Consider
Comcast (CMCSA - Free Report) closed at $23.49 in the latest trading session, marking a +1.29% move from the prior day. This change outpaced the S&P 500's 0.38% gain on the day. Elsewhere, the Dow gained 0.29%, while the tech-heavy Nasdaq added 0.62%.
Heading into today, shares of the cable provider had lost 1.99% over the past month, lagging the Consumer Discretionary sector's loss of 1.13% and the S&P 500's gain of 1.61%.
The investment community will be paying close attention to the earnings performance of Comcast in its upcoming release. The company is slated to reveal its earnings on July 23, 2026. In that report, analysts expect Comcast to post earnings of $0.97 per share. This would mark a year-over-year decline of 22.4%. Meanwhile, the latest consensus estimate predicts the revenue to be $29.24 billion, indicating a 3.54% decrease compared to the same quarter of the previous year.
For the full year, the Zacks Consensus Estimates project earnings of $3.49 per share and a revenue of $121.86 billion, demonstrating changes of -19.03% and -1.49%, respectively, from the preceding year.
It is also important to note the recent changes to analyst estimates for Comcast. These recent revisions tend to reflect the evolving nature of short-term business trends. With this in mind, we can consider positive estimate revisions a sign of optimism about the business outlook.
Research indicates that these estimate revisions are directly correlated with near-term share price momentum. To exploit this, we've formed the Zacks Rank, a quantitative model that includes these estimate changes and presents a viable rating system.
The Zacks Rank system ranges from #1 (Strong Buy) to #5 (Strong Sell). It has a remarkable, outside-audited track record of success, with #1 stocks delivering an average annual return of +25% since 1988. Over the past month, the Zacks Consensus EPS estimate has shifted 1.21% downward. Comcast is currently a Zacks Rank #4 (Sell).
In terms of valuation, Comcast is presently being traded at a Forward P/E ratio of 6.65. This denotes a premium relative to the industry average Forward P/E of 4.85.
One should further note that CMCSA currently holds a PEG ratio of 1.91. This popular metric is similar to the widely-known P/E ratio, with the difference being that the PEG ratio also takes into account the company's expected earnings growth rate. The Cable Television industry currently had an average PEG ratio of 0.59 as of yesterday's close.
The Cable Television industry is part of the Consumer Discretionary sector. This group has a Zacks Industry Rank of 238, putting it in the bottom 4% of all 250+ industries.
The Zacks Industry Rank assesses the strength of our separate industry groups by calculating the average Zacks Rank of the individual stocks contained within the groups. Our research shows that the top 50% rated industries outperform the bottom half by a factor of 2 to 1.
To follow CMCSA in the coming trading sessions, be sure to utilize Zacks.com.