Comcast (CMCSA) Set to Announce Earnings on Thursday

Comcast (NASDAQ:CMCSA) is expected to post its Q3 2026 results before the market opens on Thursday, October 22nd. Analysts expect the company to post earnings of $0.9850 per share and revenue of $29.21 billion for the quarter. Interested persons may review the information on the company’s upcoming Q3 2026 earnings report for the latest details on the call scheduled for Thursday, October 22, 2026 at 8:30 AM ET.

Comcast (NASDAQ:CMCSA) last issued its quarterly earnings results on Thursday, July 23rd. The cable giant reported $1.04 EPS for the quarter, beating analysts’ consensus estimates of $0.97 by $0.07. Comcast had a net margin of 8.97% and a return on equity of 14.77%. The business had revenue of $29.94 billion for the quarter, compared to analysts’ expectations of $29.24 billion. During the same quarter in the prior year, the firm posted $1.25 earnings per share. The business’s quarterly revenue was down 1.2% compared to the same quarter last year. On average, analysts expect Comcast to post $3.49 EPS for the current fiscal year and $3.61 EPS for the next fiscal year.

Comcast Stock Performance

Shares of Comcast stock opened at $22.36 on Wednesday. The company has a current ratio of 0.80, a quick ratio of 0.80 and a debt-to-equity ratio of 0.94. The business has a 50-day moving average price of $24.01 and a two-hundred day moving average price of $24.72. Comcast has a 1-year low of $20.48 and a 1-year high of $32.85. The company has a market cap of $79.35 billion, a P/E ratio of 5.78, a PEG ratio of 1.57 and a beta of 0.68.

Comcast Dividend Announcement

The firm also recently disclosed a quarterly dividend, which will be paid on Wednesday, October 28th. Stockholders of record on Wednesday, October 7th will be paid a $0.33 dividend. This represents a $1.32 dividend on an annualized basis and a dividend yield of 5.9%. The ex-dividend date of this dividend is Wednesday, October 7th. Comcast’s payout ratio is currently 42.72%.

Analyst Upgrades and Downgrades

A number of brokerages have recently issued reports on CMCSA. UBS Group reissued a “neutral” rating and issued a $27.00 price objective (down from $32.00) on shares of Comcast in a research note on Tuesday, September 15th. Rosenblatt Securities reaffirmed a “buy” rating and set a $31.00 target price on shares of Comcast in a research note on Monday. KeyCorp downgraded Comcast from a “sector weight” rating to an “underweight” rating and set a $18.00 target price for the company. in a report on Thursday, September 24th. Weiss Ratings downgraded Comcast from a “hold (c-)” rating to a “sell (d+)” rating in a report on Tuesday, July 28th. Finally, Morgan Stanley dropped their price target on Comcast from $29.00 to $27.00 and set an “equal weight” rating on the stock in a research note on Friday, September 25th. Eleven equities research analysts have rated the stock with a Buy rating, twelve have given a Hold rating and six have issued a Sell rating to the stock. Based on data from MarketBeat.com, Comcast presently has an average rating of “Hold” and an average price target of $30.81.

Key Comcast News

Here are the key news stories impacting Comcast this week:

• Positive Sentiment: Rosenblatt Securities reaffirmed its Buy rating and set a $31 price target, implying substantial upside from recent trading levels. Comcast’s Buy Rating Reiterated at Rosenblatt Securities
• Positive Sentiment: Comcast’s low valuation and roughly 6.3% dividend yield are attracting value investors; billionaire investor David Einhorn reportedly added a new CMCSA position. Comcast Stock Has an Attractive Valuation and Offers a Dividend Yield of 6.32%
• Positive Sentiment: Investors may be positioning for another earnings beat, with streaming and studio businesses expected to provide support ahead of the October 22 third-quarter report. Comcast Gears Up to Report Q3 Earnings
• Neutral Sentiment: Analysts expect third-quarter earnings of approximately $0.98 per share, one cent below the estimate from 30 days earlier. Key metrics, including broadband, wireless, streaming and theme-park performance, will likely determine the stock’s next move. Comcast Gears Up to Report Q3 Earnings
• Negative Sentiment: Put-option volume surged to 77,125 contracts, about 122% above normal, indicating increased short-term hedging or bearish speculation around the earnings event.
• Negative Sentiment: Bearish commentary argues that Comcast needs a turnaround while customers increasingly expect promotional offers, potentially pressuring revenue and profitability. Broadband weakness, softer theme-park demand and higher spending remain additional risks. Comcast: Wall Street Wants a Turnaround, Customers Want More Freebies

Comcast Company Profile

Comcast Corporation is a global media and communications company headquartered in Philadelphia, Pennsylvania. Founded in 1963 as American Cable Systems, the company grew through the expansion of cable television and broadband services and adopted the Comcast name in 1969.

Through its Connectivity & Platforms businesses, Comcast provides residential and business customers with broadband internet, video, voice, mobile and related services. Its Xfinity brand offers internet, television, streaming and wireless products in the United States, while Comcast Business serves commercial and enterprise customers with connectivity, communications and technology solutions.