Q4 Comcast Earnings: More Than Revenues and Earnings Per Share

(CTN News) – Based on Wall Street analysts’ forecasts, Comcast (CMCSA) is expected to report quarterly earnings of $0.80 per share in its upcoming release, representing a decline of 2.4% from last year.

In the current quarter, revenues are expected to amount to $30.41 billion, which represents a decline of 0.5% over the same period last year.

During the past 30 days, the consensus Comcast EPS estimate has been revised downward by 1.2%. During this period, the covering analysts have collectively revised their initial projections downward by 1.2%.

The company should take into account any changes made to earnings estimates before announcing its earnings. As a result, this is an important factor in predicting the potential reaction of investors towards the stock.

A strong correlation has been established between earnings Comcast estimate revisions and short-term price performance, according to empirical research.

Analysts’ projections for specific key metrics can provide valuable insight for investors, even though consensus earnings and revenue estimates are typically used as indicators of quarterly business performance.

Based on this perspective, let us examine some Comcast metrics that are commonly tracked and forecasted by Wall Street analysts.

According to analysts, ‘Revenue- Residential Connectivity & Platforms- Domestic Wireless’ is forecast to reach $989.57 million in 2013. According to the estimates, there has been an increase of 12.1% from the same period last year.

According to the combined analysis of analysts, ‘Revenue – Comcast Content & Experiences – Theme Parks’ is expected to reach $2.31 billion. As a result of the estimate, the number is expected to have changed by 9.3% from the prior quarter.

According to analysts, the ‘Revenue- Content & Experiences- Studios’ will reach $2.64 billion by the end of 2015. Compared to last year, the estimate indicates a decrease of -3.4%.

Analysts predict that the Comcast ‘Revenue- Content & Experiences- Media’ market will reach $6.46 billion by 2017. According to the estimate, there has been an increase of 8% from last year.

SEE ALSO:

Bitcoin Price Hovers Around $40,000 As Grayscale Outflows Continue