Exploring Analyst Estimates for Comcast (CMCSA) Q3 Earnings, Beyond Revenue and EPS

Wall Street analysts expect Comcast (CMCSA) to post quarterly earnings of $1.10 per share in its upcoming report, which indicates a year-over-year decline of 1.8%. Revenues are expected to be $30.63 billion, down 4.5% from the year-ago quarter.The current level reflects a downward revision of 1.2% in the consensus EPS estimate for the quarter over the past 30 days. This demonstrates how the analysts covering the stock have collectively reappraised their initial projections over this period.Prior to a company's earnings release, it is of utmost importance to factor in any revisions made to the earnings projections. These revisions serve as a critical gauge for predicting potential investor behaviors with respect to the stock. Empirical studies consistently reveal a strong link between trends in earnings estimate revisions and the short-term price performance of a stock.While investors typically use consensus earnings and revenue estimates as a yardstick to evaluate the company's quarterly performance, scrutinizing analysts' projections for some of the company's key metrics can offer a more comprehensive perspective.That said, let's delve into the average estimates of some Comcast metrics that Wall Street analysts commonly model and monitor.The average prediction of analysts places 'Revenue- Residential Connectivity & Platforms- Domestic Wireless' at $1.26 billion. The estimate points to a change of +14.9% from the year-ago quarter.The collective assessment of analysts points to an estimated 'Revenue- Content & Experiences- Theme Parks' of $2.69 billion. The estimate points to a change of +17.4% from the year-ago quarter.Analysts' assessment points toward 'Revenue- Content & Experiences- Studios' reaching $2.90 billion. The estimate points to a change of +2.8% from the year-ago quarter.The consensus estimate for 'Revenue- Content & Experiences- Media' stands at $6.31 billion. The estimate suggests a change of -23.3% year over year.The combined assessment of analysts suggests that 'Domestic homes and businesses passed' will likely reach 64.62 million. The estimate compares to the year-ago value of 63.36 million.The consensus among analysts is that 'Connectivity & Platforms - Average monthly total Connectivity & Platforms Adjusted EBITDA per customer relationship' will reach $53.12 . The estimate compares to the year-ago value of $53.50 .Analysts expect 'Domestic Broadband - Residential Customers' to come in at 28.88 million. The estimate is in contrast to the year-ago figure of 29.50 million.According to the collective judgment of analysts, 'Domestic Broadband - Business Customers' should come in at 2.54 million. The estimate is in contrast to the year-ago figure of 2.48 million.Analysts predict that the 'Total Domestic Video Customers' will reach 11.47 million. The estimate compares to the year-ago value of 12.83 million.Based on the collective assessment of analysts, 'Total Domestic Broadband Customers' should arrive at 31.41 million. The estimate compares to the year-ago value of 31.98 million.Analysts forecast 'Customer relationships - Domestic Residential Connectivity & Platforms Customer Relationships' to reach 30.60 million. Compared to the current estimate, the company reported 31.32 million in the same quarter of the previous year.It is projected by analysts that the 'Customer relationships - International Residential Connectivity & Platforms Customer Relationships' will reach 17.72 million. Compared to the current estimate, the company reported 17.72 million in the same quarter of the previous year. View all Key Company Metrics for Comcast here>>> Over the past month, Comcast shares have recorded returns of -7.7% versus the Zacks S&P 500 composite's +2.5% change. Based on its Zacks Rank #3 (Hold), CMCSA will likely exhibit a performance that aligns with the overall market in the upcoming period. You can see the complete list of today's Zacks Rank #1 (Strong Buy) stocks here >>>> .Beyond Nvidia: AI's Second Wave Is HereThe AI revolution has already minted millionaires. But the stocks everyone knows about aren't likely to keep delivering the biggest profits. Little-known AI firms tackling the world's biggest problems may be more lucrative in the coming months and years.See "2nd Wave" AI stocks now >>Want the latest recommendations from Zacks Investment Research? Today, you can download 7 Best Stocks for the Next 30 Days. Click to get this free report Comcast Corporation (CMCSA): Free Stock Analysis ReportThis article originally published on Zacks Investment Research (zacks.com).Zacks Investment ResearchWeiter zum vollständigen Artikel bei Zacks Weiter zum vollständigen Artikel bei Zacks