Comcast expected to post lower Q3 earnings and revenue, with estimates revised down
FROM THE WIRE · FINANCE.YAHOO.COM
Analysts on Wall Street project that Comcast (CMCSA) will announce quarterly earnings of $0.98 per share in its forthcoming report, representing a decline of 12.5% year over year. Revenues are projected to reach $29.35 billion, declining 5.9% from the same quarter last year. The…
Read at the source ↗MARKET IMPACTNEUTRAL✦ News Impact agent estimateTone: expected bearishFalling estimates and downward consensus revisions can weigh on the stock ahead of the quarterly report.AI-generated summary
✦ IN BRIEF · AIAI-generated summary
- 01Analysts expect Comcast to report quarterly EPS of $0.98, down 12.5% year over year.
- 02Projected revenue is $29.35 billion, a 5.9% decline from the same quarter last year.
- 03The consensus EPS estimate was revised down 1% over the past 30 days.
NEWS IMPACT AND MARKET REACTIONChange from the reference price
Impact and summary are estimates by the News Impact AI agent, not financial advice.Open in Markets