Comcast (Nasdaq: CMCSA ) is expected to report Q2 earnings around July 31. 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 increase 5.2% and EPS will grow 26.0%.
The average estimate for revenue is $16.00 billion. On the bottom line, the average EPS estimate is $0.63.
Last quarter, Comcast logged revenue of $15.31 billion. GAAP reported sales were 2.9% higher than the prior-year quarter's $14.88 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 $0.51. GAAP EPS of $0.54 for Q1 were 20% higher than the prior-year quarter's $0.45 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 69.5%, 130 basis points better than the prior-year quarter. Operating margin was 20.0%, 150 basis points better than the prior-year quarter. Net margin was 9.4%, 120 basis points better than the prior-year quarter.
The full year's average estimate for revenue is $64.11 billion. The average EPS estimate is $2.41.
The stock has a two-star rating (out of five) at Motley Fool CAPS, with 915 members out of 1,102 rating the stock outperform, and 187 members rating it underperform. Among 329 CAPS All-Star picks (recommendations by the highest-ranked CAPS members), 288 give Comcast a green thumbs-up, and 41 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 $45.97.
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