Comcast (CMCSA) Projected to Post Quarterly Earnings on Thursday

Comcast (NASDAQ:CMCSA) will likely be posting its Q2 2026 results before the market opens on Thursday, July 23rd. Analysts expect the company to announce earnings of $0.97 per share and revenue of $29.2413 billion for the quarter. Interested persons can find conference call details on the company’s upcoming Q2 2026 earning report page for the latest details on the call scheduled for Thursday, July 23, 2026 at 8:30 AM ET.

Comcast (NASDAQ:CMCSA) last issued its quarterly earnings results on Thursday, April 23rd. The cable giant reported $0.79 earnings per share for the quarter, beating the consensus estimate of $0.73 by $0.06. Comcast had a return on equity of 15.47% and a net margin of 15.00%.The company had revenue of $31.46 billion during the quarter, compared to the consensus estimate of $30.42 billion. During the same period in the previous year, the firm posted $1.09 EPS. Comcast’s revenue was up 5.3% on a year-over-year basis. On average, analysts expect Comcast to post $3 EPS for the current fiscal year and $4 EPS for the next fiscal year.

Comcast Trading Up 0.1%

Shares of Comcast stock opened at $23.81 on Wednesday. Comcast has a fifty-two week low of $22.13 and a fifty-two week high of $36.01. The business’s fifty day moving average is $23.96 and its two-hundred day moving average is $27.40. The company has a quick ratio of 0.87, a current ratio of 0.87 and a debt-to-equity ratio of 1.01. The firm has a market cap of $85.05 billion, a PE ratio of 4.69, a P/E/G ratio of 1.96 and a beta of 0.67.

Comcast Announces Dividend

The firm also recently announced a quarterly dividend, which will be paid on Wednesday, July 22nd. Investors of record on Wednesday, July 1st will be paid a $0.33 dividend. This represents a $1.32 annualized dividend and a yield of 5.5%. The ex-dividend date is Wednesday, July 1st. Comcast’s dividend payout ratio is presently 25.98%.

Hedge Funds Weigh In On Comcast

Several hedge funds and other institutional investors have recently modified their holdings of the company. State Street Corp increased its position in Comcast by 4.6% during the 3rd quarter. State Street Corp now owns 180,687,135 shares of the cable giant’s stock worth $5,677,190,000 after purchasing an additional 7,917,335 shares in the last quarter. Two Sigma Investments LP lifted its position in Comcast by 1,356.2% during the third quarter. Two Sigma Investments LP now owns 6,556,098 shares of the cable giant’s stock valued at $205,993,000 after buying an additional 6,105,867 shares in the last quarter. Goldentree Asset Management LP lifted its position in Comcast by 284.6% during the fourth quarter. Goldentree Asset Management LP now owns 7,824,614 shares of the cable giant’s stock valued at $233,557,000 after buying an additional 5,789,984 shares in the last quarter. Harris Associates L P grew its stake in Comcast by 24.5% during the fourth quarter. Harris Associates L P now owns 27,458,428 shares of the cable giant’s stock worth $820,732,000 after buying an additional 5,399,810 shares during the period. Finally, Amundi increased its position in shares of Comcast by 59.7% in the fourth quarter. Amundi now owns 14,175,517 shares of the cable giant’s stock worth $423,708,000 after acquiring an additional 5,297,313 shares in the last quarter. 84.32% of the stock is owned by institutional investors and hedge funds.

Comcast News Summary

Here are the key news stories impacting Comcast this week:

• Positive Sentiment: Universal Pictures’ The Odyssey delivered a strong global opening, highlighting a bright spot for Comcast’s media business and showing that the company can still produce major box-office hits. Article: Comcast’s Universal Pictures Nets $264.1 Million Global Opening for ‘The Odyssey’
• Positive Sentiment: The film’s strong premium-theater performance and IMAX-related enthusiasm suggest some support for Comcast’s entertainment segment and broader recovery hopes. Article: IMAX, CMCSA Rise Premarket: Christopher Nolan’s ‘The Odyssey’ Notches Epic Box Office Opening
• Neutral Sentiment: Analysts are focusing on Comcast’s Q2 report for signs of stabilization in broadband, media, and theme parks, with investors waiting to see whether core business pressures are easing. Article: Comcast Gears Up to Report Q2 Earnings: What’s in the Cards?
• Neutral Sentiment: Comcast is also getting broader market attention, but this appears to be more of a visibility story than a fundamental shift. Article: Comcast (NASDAQ:CMCSA) Draws Fresh Nasdaq Composite Attention
• Negative Sentiment: Comcast’s broadband business remains under pressure and is the main reason investors are not rewarding the stock more for the movie success, since it is still seen as the key earnings risk ahead of results. Article: Why ‘The Odyssey’ Box Office Success Isn’t Lifting Comcast Stock
• Negative Sentiment: Royal Bank of Canada cut its price target on CMCSA from $32 to $27, signaling more cautious expectations for the stock even while maintaining a sector perform rating. Article: Comcast price target lowered by Royal Bank Of Canada

Analyst Ratings Changes

Several equities analysts recently weighed in on CMCSA shares. Citigroup reduced their target price on Comcast from $35.50 to $32.00 and set a “buy” rating on the stock in a research report on Monday, June 29th. The Goldman Sachs Group lowered their price target on Comcast from $29.00 to $26.00 and set a “neutral” rating for the company in a report on Thursday, July 2nd. Moffett Nathanson lowered their target price on shares of Comcast from $53.00 to $52.00 and set a “buy” rating for the company in a report on Tuesday, June 16th. Rosenblatt Securities raised shares of Comcast from a “neutral” rating to a “buy” rating and upped their price target for the stock from $24.00 to $31.00 in a research report on Tuesday, June 30th. Finally, New Street Research cut their price target on shares of Comcast from $31.00 to $30.00 and set a “buy” rating on the stock in a research note on Thursday, June 25th. Eleven equities research analysts have rated the stock with a Buy rating, fourteen have issued a Hold rating and three have issued a Sell rating to the stock. According to data from MarketBeat, the company currently has a consensus rating of “Hold” and a consensus price target of $33.45.

Comcast Company Profile

Comcast Corporation (NASDAQ: CMCSA) is a diversified global media and technology company headquartered in Philadelphia, Pennsylvania. Its principal operations are organized around Comcast Cable, which provides broadband internet, video, voice and wireless services to residential and business customers in the United States under the Xfinity and Comcast Business brands, and NBCUniversal, a media and entertainment group that develops, produces and distributes content across broadcast and cable networks, film, and streaming platforms.

NBCUniversal’s assets include the NBC broadcast network, a portfolio of cable channels, Universal Pictures and other film and television production businesses, and the Peacock streaming service.