Will flattening broadband connections trend continue in Q3?
Justin Sullivan


Comcast (NASDAQ:CMCSA) is scheduled to announce Q3 earnings results on Thursday, October 27th, after market close.
The consensus EPS Estimate is $0.91 (+4.6% Y/Y) and the consensus Revenue Estimate is $29.75B (-1.8% Y/Y).
Company's primary business segment of Broadband Internet may continue to witness a slowdown versus last year.


Q2 showed a downturn in price though revenue and earnings beat expectations, downfall was mainly due to losing broadband subscribers, the company saw a net loss of 10,000 residential subscribers. Dig deeper in company presentation.
Over the last 2 years, CMCSA has beaten EPS estimates 100% of the time and has beaten revenue estimates 100% of the time.
Over the last 3 months, EPS estimates have seen 4 upward revisions and 17 downward. Revenue estimates have seen 3 upward revisions and 17 downward.
Comcast, Altice raised at Citi on potential plan to stabilize or improve shareholder value

Quant rating of Hold for the stock with lowest factor grades given to growth and highest to profitability.

Wall Street rating of Buy and average price target of $44.97.

SA Author rating of Buy and comments that read: 'AT&T And Comcast: These Discounts Won't Last Long'; 'Comcast's 'Halloween' Streaming Experiment: The Sequel' and 'Comcast: Catching The Falling Knife'

Ratings analysis of the stock against the peers looks like: