Earnings Preview: Comcast

Comcast (CMCSA) is expected to report Q3 earnings Wednesday, November 4 before the market opens, with a conference call scheduled for 8:30 am ET.

Guidance

Analysts are looking for EPS of 25c on revenue of $8.85B. The consensus range is 22c-29c for EPS, and $8.73B-$8.95B for revenue, according to First Call. Positives for Comcast include a relatively stable revenue stream in a business that is some what immune from economic down turns.

Analyst Views

On November 2, Kaufman Bros. downgraded Comcast as it believes the company's Q3 subscriber metrics will indicate slower growth and that the NBCU deal creates uncertainty. The firm lowered its target on shares to $17 from $18.