Comcast (CMCSA) closed at $34.16, up 1.29% from the previous day, surpassing the S&P 500’s 0.79% gain. The stock dropped 4.83% in the last month, outperforming the Consumer Discretionary sector’s 6.56% loss but lagging the S&P 500’s 3.56% loss.
Comcast is set to announce earnings on April 24, 2025, with an expected EPS of $0.98, down 5.77% from last year. Revenue is projected to be $29.68 billion, a 1.25% decline. Zacks Consensus Estimates forecast full-year earnings at $4.30 per share and revenue at $122.31 billion.
Investors should watch for analyst estimate adjustments for Comcast, as they reflect changing business trends. The Zacks Rank quantifies these changes, with a rating system ranging from #1 (Strong Buy) to #5 (Strong Sell). Comcast currently holds a Zacks Rank of #3 (Hold) with a 1.23% decrease in EPS estimates.
With a Forward P/E ratio of 7.84, Comcast is trading at a discount compared to the industry average of 8.32. The PEG ratio stands at 1.58, higher than the industry average of 0.4. The Cable Television industry holds a Zacks Industry Rank of 209, in the bottom 16% of industries.
Discover potential investment opportunities with Zacks’ expert picks for stocks set to double in 2024. Previous recommendations have seen significant gains, providing a chance to capitalize on overlooked stocks. Take advantage of this opportunity to potentially see significant returns.
Read more at Nasdaq: Comcast (CMCSA) Outpaces Stock Market Gains: What You Should Know
