Comcast (NASDAQ:CMCSA) will issue its quarterly earnings data before the market opens on Wednesday, January 24th. Analysts expect the company to announce earnings of $0.50 per share for the quarter.

Comcast (NASDAQ:CMCSA) last posted its quarterly earnings data on Thursday, October 26th. The cable giant reported $0.52 EPS for the quarter, topping the Thomson Reuters’ consensus estimate of $0.49 by $0.03. Comcast had a net margin of 11.99% and a return on equity of 17.17%. The business had revenue of $20.98 billion during the quarter, compared to the consensus estimate of $21.05 billion. During the same period in the previous year, the firm posted $0.92 earnings per share. The business’s revenue for the quarter was down 1.6% compared to the same quarter last year. On average, analysts expect Comcast to post $2 EPS for the current fiscal year and $2 EPS for the next fiscal year.

Comcast (CMCSA) opened at $42.50 on Monday. The stock has a market cap of $198,640.00, a price-to-earnings ratio of 20.05, a P/E/G ratio of 1.84 and a beta of 1.00. Comcast has a 1 year low of $34.78 and a 1 year high of $42.71. The company has a current ratio of 0.74, a quick ratio of 0.74 and a debt-to-equity ratio of 1.06.

The firm also recently announced a quarterly dividend, which will be paid on Wednesday, January 24th. Investors of record on Wednesday, January 3rd will be given a dividend of $0.157 per share. The ex-dividend date is Tuesday, January 2nd. This represents a $0.63 dividend on an annualized basis and a yield of 1.48%. Comcast’s dividend payout ratio is presently 29.72%.

In other news, EVP Arthur R. Block sold 3,937 shares of the business’s stock in a transaction dated Wednesday, December 27th. The shares were sold at an average price of $40.62, for a total transaction of $159,920.94. Following the completion of the sale, the executive vice president now owns 65,946 shares of the company’s stock, valued at $2,678,726.52. The transaction was disclosed in a filing with the Securities & Exchange Commission, which can be accessed through the SEC website. Also, EVP Arthur R. Block sold 5,630 shares of the business’s stock in a transaction dated Monday, December 18th. The stock was sold at an average price of $39.89, for a total transaction of $224,580.70. Following the sale, the executive vice president now directly owns 71,664 shares of the company’s stock, valued at approximately $2,858,676.96. The disclosure for this sale can be found here. Insiders have sold 593,402 shares of company stock valued at $22,961,401 in the last three months. Corporate insiders own 1.28% of the company’s stock.

Several hedge funds have recently added to or reduced their stakes in the company. Janus Henderson Group PLC grew its stake in Comcast by 1,581.1% during the 2nd quarter. Janus Henderson Group PLC now owns 28,199,798 shares of the cable giant’s stock valued at $1,097,544,000 after acquiring an additional 26,522,368 shares in the last quarter. The Manufacturers Life Insurance Company grew its stake in Comcast by 39.1% during the 2nd quarter. The Manufacturers Life Insurance Company now owns 11,030,861 shares of the cable giant’s stock valued at $429,321,000 after acquiring an additional 3,103,432 shares in the last quarter. Samlyn Capital LLC grew its stake in Comcast by 71.1% during the 2nd quarter. Samlyn Capital LLC now owns 1,747,806 shares of the cable giant’s stock valued at $68,024,000 after acquiring an additional 726,330 shares in the last quarter. Gotham Asset Management LLC grew its stake in Comcast by 96.8% during the 2nd quarter. Gotham Asset Management LLC now owns 939,513 shares of the cable giant’s stock valued at $36,566,000 after acquiring an additional 462,100 shares in the last quarter. Finally, Clinton Group Inc. grew its stake in Comcast by 84.7% during the 2nd quarter. Clinton Group Inc. now owns 274,038 shares of the cable giant’s stock valued at $10,666,000 after acquiring an additional 125,688 shares in the last quarter. 82.20% of the stock is owned by institutional investors and hedge funds.

A number of research analysts recently issued reports on CMCSA shares. Robert W. Baird restated a “buy” rating and set a $43.00 target price on shares of Comcast in a research report on Wednesday, October 4th. KeyCorp restated a “hold” rating on shares of Comcast in a research report on Tuesday, October 17th. Moffett Nathanson restated a “buy” rating on shares of Comcast in a research report on Monday, October 16th. Royal Bank of Canada restated a “buy” rating and set a $45.00 target price on shares of Comcast in a research report on Wednesday, October 18th. Finally, Wells Fargo & Co restated a “buy” rating and set a $49.00 target price on shares of Comcast in a research report on Monday, October 23rd. One analyst has rated the stock with a sell rating, four have assigned a hold rating and twenty-five have issued a buy rating to the company’s stock. The company presently has a consensus rating of “Buy” and a consensus target price of $46.83.

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Comcast Company Profile

Comcast Corporation is a media and technology company. The Company has two primary businesses: Comcast Cable and NBCUniversal. Its Comcast Cable business operates in the Cable Communications segment. Its NBCUniversal business operates in four business segments: Cable Networks, Broadcast Television, Filmed Entertainment and Theme Parks.

Earnings History for Comcast (NASDAQ:CMCSA)

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