Comcast (CMCSA) Projected to Announce Earnings on Thursday

Comcast (NASDAQ:CMCSA) is expected to be announcing its Q3 2026 results before the market opens on Thursday, October 22nd. Analysts expect the company to announce earnings of $0.9850 per share and revenue of $29.20 billion for the quarter. Parties are encouraged to explore the company’s upcoming Q3 2026 earnings report page for the latest details on the call scheduled for Thursday, October 22, 2026 at 8:30 AM ET.

Comcast (NASDAQ:CMCSA) last posted its quarterly earnings results on Thursday, July 23rd. The cable giant reported $1.04 earnings per share for the quarter, beating the consensus estimate of $0.97 by $0.07. Comcast had a return on equity of 14.77% and a net margin of 8.97%. The business had revenue of $29.94 billion for the quarter, compared to the consensus estimate of $29.24 billion. During the same quarter in the previous year, the business earned $1.25 EPS. The company’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 NASDAQ:CMCSA opened at $21.90 on Tuesday. Comcast has a 52-week low of $20.48 and a 52-week high of $32.85. The stock has a market cap of $77.72 billion, a price-to-earnings ratio of 5.78, a PEG ratio of 1.57 and a beta of 0.68. The company has a quick ratio of 0.80, a current ratio of 0.80 and a debt-to-equity ratio of 0.94. The business has a 50-day moving average price of $24.07 and a 200-day moving average price of $24.76.

Comcast Dividend Announcement

The business also recently declared a quarterly dividend, which will be paid on Wednesday, October 28th. Shareholders of record on Wednesday, October 7th will be issued a $0.33 dividend. The ex-dividend date of this dividend is Wednesday, October 7th. This represents a $1.32 dividend on an annualized basis and a yield of 6.0%. Comcast’s payout ratio is presently 42.72%.

Analysts Set New Price Targets

Several equities research analysts have recently issued reports on the stock. Scotiabank lowered their target price on shares of Comcast from $29.00 to $27.50 and set a “sector perform” rating on the stock in a research note on Friday, October 2nd. Barclays set a $24.00 price target on shares of Comcast and gave the company an “equal weight” rating in a research note on Tuesday, September 29th. New Street Research cut their price target on shares of Comcast from $31.00 to $30.00 and set a “buy” rating for the company in a report on Thursday, June 25th. UBS Group restated a “neutral” rating and set a $27.00 price objective (down from $32.00) on shares of Comcast in a research report on Tuesday, September 15th. Finally, Morgan Stanley reduced their price objective on shares of Comcast from $29.00 to $27.00 and set an “equal weight” rating for the company in a research report on Friday, September 25th. Eleven equities research analysts have rated the stock with a Buy rating, thirteen have issued a Hold rating and five have issued a Sell rating to the company. According to MarketBeat, Comcast presently has an average rating of “Hold” and a consensus price target of $30.81.

About Comcast

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.