Will Comcast (CMCSA) Beat Estimates Again in Its Next Earnings Report?

From Nasdaq:

Comcast (CMCSA) is a well-positioned stock with a history of beating earnings estimates. The company has delivered a surprise of 14.89% and 15.31% in the last two quarters, and recent estimates have been moving higher. Analysts are bullish, with an Earnings ESP of +0.13%, suggesting another earnings beat in the next report.

While a negative Earnings ESP reading does not guarantee an earnings miss, a positive value combined with a Zacks Rank #3 (Hold) could indicate another beat. The company’s next earnings report is expected to be released on January 25, 2024. Investors should use the Earnings ESP ahead of quarterly reports for better results.

Comcast’s earning history and analysts’ bullishness suggest the possibility of another earnings beat. With a Zacks Rank #3 (Hold) and positive Earnings ESP, the stock appears poised for continued success. Investors can use the Earnings ESP Filter to identify potential stocks for investment before their earnings reports.

Zacks experts have identified a little-known chemical company with strong earnings estimates and ample funds for share repurchasing. With outstanding demand, this company is primed for significant growth, potentially rivaling recent Zacks’ Stocks Set to Double. Free: See Our Top Stock and 4 Runners Up >>

Investors can gain access to Zacks Investment Research’s latest recommendations, including a free report on the 7 Best Stocks for the Next 30 Days. Comcast Corporation (CMCSA) : Free Stock Analysis Report

To read this article on Zacks.com click here. Zacks Investment Research.

The views and opinions expressed do not necessarily reflect those of Nasdaq, Inc.



Read more: Will Comcast (CMCSA) Beat Estimates Again in Its Next Earnings Report?