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Comcast (CMCSA) Falls More Steeply Than Broader Market: What Investors Need to Know
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In the latest close session, Comcast (CMCSA - Free Report) was down 1.86% at $22.13. The stock fell short of the S&P 500, which registered a loss of 0.03% for the day. Elsewhere, the Dow saw a downswing of 0.31%, while the tech-heavy Nasdaq appreciated by 0.01%.
The cable provider's stock has dropped by 17.1% in the past month, falling short of the Consumer Discretionary sector's loss of 8.67% and the S&P 500's gain of 0.53%.
Investors will be eagerly watching for the performance of Comcast in its upcoming earnings disclosure. The company's earnings report is set to be unveiled on October 22, 2026. In that report, analysts expect Comcast to post earnings of $0.99 per share. This would mark a year-over-year decline of 11.61%. Meanwhile, our latest consensus estimate is calling for revenue of $29.48 billion, down 5.5% from the prior-year quarter.
For the entire fiscal year, the Zacks Consensus Estimates are projecting earnings of $3.5 per share and a revenue of $120.43 billion, representing changes of -18.79% and -2.65%, respectively, from the prior year.
It's also important for investors to be aware of any recent modifications to analyst estimates for Comcast. Recent revisions tend to reflect the latest near-term business trends. With this in mind, we can consider positive estimate revisions a sign of optimism about the business outlook.
Our research demonstrates that these adjustments in estimates directly associate with imminent stock price performance. We developed the Zacks Rank to capitalize on this phenomenon. Our system takes these estimate changes into account and delivers a clear, actionable rating model.
The Zacks Rank system, which varies between #1 (Strong Buy) and #5 (Strong Sell), carries an impressive track record of exceeding expectations, confirmed by external audits, with stocks at #1 delivering an average annual return of +25% since 1988. The Zacks Consensus EPS estimate has moved 0.54% lower within the past month. Comcast currently has a Zacks Rank of #4 (Sell).
Looking at valuation, Comcast is presently trading at a Forward P/E ratio of 6.45. Its industry sports an average Forward P/E of 4.59, so one might conclude that Comcast is trading at a premium comparatively.
Meanwhile, CMCSA's PEG ratio is currently 1.61. The PEG ratio is similar to the widely-used P/E ratio, but this metric also takes the company's expected earnings growth rate into account. The Cable Television industry currently had an average PEG ratio of 0.78 as of yesterday's close.
The Cable Television industry is part of the Consumer Discretionary sector. Currently, this industry holds a Zacks Industry Rank of 247, positioning it in the bottom 1% of all 250+ industries.
The Zacks Industry Rank is ordered from best to worst in terms of the average Zacks Rank of the individual companies within each of these sectors. Our research shows that the top 50% rated industries outperform the bottom half by a factor of 2 to 1.
Remember to apply Zacks.com to follow these and more stock-moving metrics during the upcoming trading sessions.
View the Zacks #1 Rank List
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Comcast (CMCSA) Falls More Steeply Than Broader Market: What Investors Need to Know
In the latest close session, Comcast (CMCSA - Free Report) was down 1.86% at $22.13. The stock fell short of the S&P 500, which registered a loss of 0.03% for the day. Elsewhere, the Dow saw a downswing of 0.31%, while the tech-heavy Nasdaq appreciated by 0.01%.
The cable provider's stock has dropped by 17.1% in the past month, falling short of the Consumer Discretionary sector's loss of 8.67% and the S&P 500's gain of 0.53%.
Investors will be eagerly watching for the performance of Comcast in its upcoming earnings disclosure. The company's earnings report is set to be unveiled on October 22, 2026. In that report, analysts expect Comcast to post earnings of $0.99 per share. This would mark a year-over-year decline of 11.61%. Meanwhile, our latest consensus estimate is calling for revenue of $29.48 billion, down 5.5% from the prior-year quarter.
For the entire fiscal year, the Zacks Consensus Estimates are projecting earnings of $3.5 per share and a revenue of $120.43 billion, representing changes of -18.79% and -2.65%, respectively, from the prior year.
It's also important for investors to be aware of any recent modifications to analyst estimates for Comcast. Recent revisions tend to reflect the latest near-term business trends. With this in mind, we can consider positive estimate revisions a sign of optimism about the business outlook.
Our research demonstrates that these adjustments in estimates directly associate with imminent stock price performance. We developed the Zacks Rank to capitalize on this phenomenon. Our system takes these estimate changes into account and delivers a clear, actionable rating model.
The Zacks Rank system, which varies between #1 (Strong Buy) and #5 (Strong Sell), carries an impressive track record of exceeding expectations, confirmed by external audits, with stocks at #1 delivering an average annual return of +25% since 1988. The Zacks Consensus EPS estimate has moved 0.54% lower within the past month. Comcast currently has a Zacks Rank of #4 (Sell).
Looking at valuation, Comcast is presently trading at a Forward P/E ratio of 6.45. Its industry sports an average Forward P/E of 4.59, so one might conclude that Comcast is trading at a premium comparatively.
Meanwhile, CMCSA's PEG ratio is currently 1.61. The PEG ratio is similar to the widely-used P/E ratio, but this metric also takes the company's expected earnings growth rate into account. The Cable Television industry currently had an average PEG ratio of 0.78 as of yesterday's close.
The Cable Television industry is part of the Consumer Discretionary sector. Currently, this industry holds a Zacks Industry Rank of 247, positioning it in the bottom 1% of all 250+ industries.
The Zacks Industry Rank is ordered from best to worst in terms of the average Zacks Rank of the individual companies within each of these sectors. Our research shows that the top 50% rated industries outperform the bottom half by a factor of 2 to 1.
Remember to apply Zacks.com to follow these and more stock-moving metrics during the upcoming trading sessions.