Comcast (CMCSA) to Announce Earnings on Thursday

Comcast (NASDAQ:CMCSA) is projected to post 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 $29.2463 billion for the quarter. Individuals can check the company’s upcoming Q2 2026 earning report for the latest details on the call scheduled for Thursday, July 23, 2026 at 8:30 AM ET.

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

Comcast Stock Up 1.3%

CMCSA stock opened at $23.49 on Thursday. Comcast has a one year low of $22.13 and a one year high of $36.01. The firm has a market cap of $83.91 billion, a PE ratio of 4.62, a PEG ratio of 1.91 and a beta of 0.67. The firm’s 50 day moving average price is $24.08 and its 200-day moving average price is $27.57. The company has a debt-to-equity ratio of 1.01, a quick ratio of 0.87 and a current ratio of 0.87.

Comcast Announces Dividend

The firm also recently announced a quarterly dividend, which will be paid on Wednesday, July 22nd. Shareholders of record on Wednesday, July 1st will be paid a dividend of $0.33 per share. The ex-dividend date of this dividend is Wednesday, July 1st. This represents a $1.32 annualized dividend and a yield of 5.6%. Comcast’s dividend payout ratio (DPR) is 25.98%.

Institutional Inflows and Outflows

A number of large investors have recently added to or reduced their stakes in the company. Brighton Jones LLC grew its stake in Comcast by 150.9% during the 4th quarter. Brighton Jones LLC now owns 166,265 shares of the cable giant’s stock worth $6,240,000 after purchasing an additional 99,986 shares in the last quarter. Prosperity Bancshares Inc purchased a new stake in Comcast during the 4th quarter worth about $133,000. Guardian Wealth Advisors LLC NC acquired a new stake in Comcast in the 4th quarter valued at about $206,000. 1248 Management LLC raised its position in Comcast by 2,531.6% in the 4th quarter. 1248 Management LLC now owns 5,000 shares of the cable giant’s stock valued at $149,000 after purchasing an additional 4,810 shares in the last quarter. Finally, Titleist Asset Management LLC boosted its stake in shares of Comcast by 8.6% in the 4th quarter. Titleist Asset Management LLC now owns 6,943 shares of the cable giant’s stock valued at $208,000 after buying an additional 548 shares during the period. 84.32% of the stock is currently owned by institutional investors and hedge funds.

Wall Street Analyst Weigh In

A number of research firms have commented on CMCSA. Scotiabank reduced their target price on Comcast from $36.00 to $32.75 and set a “sector perform” rating on the stock in a research report on Wednesday. Citigroup lowered their price target on Comcast from $35.50 to $32.00 and set a “buy” rating for the company in a report on Monday, June 29th. Wells Fargo & Company cut their price objective on Comcast from $29.00 to $28.00 and set an “underweight” rating for the company in a research report on Tuesday, July 7th. BNP Paribas Exane reduced their price objective on shares of Comcast from $25.00 to $22.00 and set an “underperform” rating on the stock in a report on Tuesday. Finally, Royal Bank Of Canada upped their target price on shares of Comcast from $31.00 to $32.00 and gave the company a “sector perform” rating in a research report on Friday, April 24th. Eleven research analysts have rated the stock with a Buy rating, fourteen have assigned a Hold rating and three have given a Sell rating to the stock. Based on data from MarketBeat, Comcast currently has a consensus rating of “Hold” and an average target price of $33.64.

More Comcast News

Here are the key news stories impacting Comcast this week:

• Negative Sentiment: Scotiabank lowered its price target on Comcast to $32.75 from $36 and kept a sector perform rating, signaling more cautious near-term expectations. Scotiabank cuts Comcast target
• Negative Sentiment: Wells Fargo trimmed its price target to $28 from $29 and maintained an underweight rating, suggesting the firm still sees limited upside. Wells Fargo view on Comcast
• Negative Sentiment: BNP Paribas Exane cut its target to $22 from $25 and reiterated an underperform rating, adding to the bearish analyst sentiment around CMCSA. BNP Paribas Exane cuts Comcast target
• Negative Sentiment: Comcast agreed to a $117.5 million settlement over the Xfinity data breach, which adds legal, reputational, and governance overhangs for investors. Xfinity data breach settlement
• Negative Sentiment: Bernstein cut price targets across major telecom names, including Comcast, citing valuation risk tied to SpaceX/Starlink’s potential direct-to-consumer mobile plans. Bernstein cuts telecom targets
• Neutral Sentiment: Some recent commentary argues Comcast may be trading below fair value after a roughly 49% five-year slide, which could support a rebound if fundamentals stabilize. Fair value article
• Neutral Sentiment: One market update noted Comcast has recently outperformed the broader market, but the move appears modest and does not offset the more prominent analyst and legal concerns. Market performance article

About Comcast

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.