Comcast (NASDAQ:CMCSA) will be issuing its quarterly earnings data before the market opens on Thursday, April 25th. Analysts expect the company to announce earnings of $0.63 per share for the quarter.

Comcast (NASDAQ:CMCSA) last posted its earnings results on Wednesday, January 23rd. The cable giant reported $0.64 earnings per share (EPS) for the quarter, beating analysts’ consensus estimates of $0.62 by $0.02. Comcast had a return on equity of 16.49% and a net margin of 12.41%. The firm had revenue of $27.85 billion during the quarter, compared to analysts’ expectations of $27.56 billion. During the same period in the previous year, the firm earned $0.49 earnings per share. The company’s revenue was up 26.1% on a year-over-year basis. On average, analysts expect Comcast to post $3 EPS for the current fiscal year and $3 EPS for the next fiscal year.

NASDAQ:CMCSA opened at $41.99 on Wednesday. Comcast has a 1 year low of $30.43 and a 1 year high of $42.83. The company has a quick ratio of 0.79, a current ratio of 0.79 and a debt-to-equity ratio of 1.48. The stock has a market capitalization of $195.02 billion, a price-to-earnings ratio of 16.47, a price-to-earnings-growth ratio of 1.19 and a beta of 1.10.

The firm also recently announced a quarterly dividend, which will be paid on Wednesday, April 24th. Shareholders of record on Wednesday, April 3rd will be paid a $0.21 dividend. This represents a $0.84 dividend on an annualized basis and a yield of 2.00%. This is a boost from Comcast’s previous quarterly dividend of $0.19. The ex-dividend date is Tuesday, April 2nd. Comcast’s payout ratio is presently 32.94%.

CMCSA has been the subject of a number of research analyst reports. BidaskClub raised Comcast from a “sell” rating to a “hold” rating in a research note on Monday, February 25th. Credit Suisse Group reaffirmed a “buy” rating and set a $44.00 price objective on shares of Comcast in a research report on Tuesday, January 22nd. Royal Bank of Canada cut Comcast from an “outperform” rating to a “sector perform” rating and reduced their price objective for the stock from $45.00 to $42.00 in a research report on Friday, March 29th. Macquarie raised Comcast from a “neutral” rating to an “outperform” rating and set a $49.00 price objective for the company in a research report on Tuesday, April 9th. Finally, ValuEngine raised Comcast from a “sell” rating to a “hold” rating in a research report on Friday, February 8th. Seven research analysts have rated the stock with a hold rating and eighteen have issued a buy rating to the stock. Comcast currently has a consensus rating of “Buy” and a consensus price target of $44.45.

In related news, SVP Daniel C. Murdock sold 845 shares of the company’s stock in a transaction dated Thursday, January 24th. The stock was sold at an average price of $35.55, for a total transaction of $30,039.75. Following the sale, the senior vice president now owns 1,005 shares in the company, valued at $35,727.75. The transaction was disclosed in a filing with the Securities & Exchange Commission, which is accessible through this hyperlink. Also, SVP Daniel C. Murdock sold 1,038 shares of the company’s stock in a transaction dated Wednesday, April 17th. The stock was sold at an average price of $42.00, for a total value of $43,596.00. Following the sale, the senior vice president now owns 3,707 shares in the company, valued at approximately $155,694. The disclosure for this sale can be found here. Insiders have sold 1,290,226 shares of company stock worth $49,311,328 in the last quarter. 1.31% of the stock is currently owned by corporate insiders.

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Comcast Company Profile

Comcast Corporation operates as a media and technology company worldwide. It operates through Cable Communications, Cable Networks, Broadcast Television, Filmed Entertainment, Theme Parks, and Sky segments. The Cable Communications segment offers cable services, including high-speed Internet, video, voice, and security and automation services to residential and business customers under the Xfinity name; and advertising services.

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Earnings History for Comcast (NASDAQ:CMCSA)

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