Comcast (Nasdaq: CMCSA ) is expected to report Q1 earnings on May 1. Here's what Wall Street wants to see:
The 10-second takeaway
Comparing the upcoming quarter to the prior-year quarter, average analyst estimates predict Comcast's revenues will expand 3.4% and EPS will grow 11.1%.
The average estimate for revenue is $15.39 billion. On the bottom line, the average EPS estimate is $0.50.
Last quarter, Comcast reported revenue of $15.94 billion. GAAP reported sales were 6.0% higher than the prior-year quarter's $15.04 billion.
Source: S&P Capital IQ. Quarterly periods. Dollar amounts in millions. Non-GAAP figures may vary to maintain comparability with estimates.
Last quarter, non-GAAP EPS came in at $0.52. GAAP EPS of $0.56 for Q4 were 19% higher than the prior-year quarter's $0.47 per share.
Source: S&P Capital IQ. Quarterly periods. Non-GAAP figures may vary to maintain comparability with estimates.
For the preceding quarter, gross margin was 69.2%, 20 basis points better than the prior-year quarter. Operating margin was 20.7%, 30 basis points better than the prior-year quarter. Net margin was 9.5%, 90 basis points better than the prior-year quarter.
The full year's average estimate for revenue is $64.19 billion. The average EPS estimate is $2.37.
The stock has a two-star rating (out of five) at Motley Fool CAPS, with 901 members out of 1,086 rating the stock outperform, and 185 members rating it underperform. Among 327 CAPS All-Star picks (recommendations by the highest-ranked CAPS members), 281 give Comcast a green thumbs-up, and 46 give it a red thumbs-down.
Of Wall Street recommendations tracked by S&P Capital IQ, the average opinion on Comcast is outperform, with an average price target of $41.94.
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