Comcast Prepares for Q1 2025 Earnings Amid Stock Declines

Comcast Corporation (CMCSA), a leading global media and technology company with a market cap of $133 billion, operates from its headquarters in Philadelphia, Pennsylvania. The company’s business is divided into several segments: Residential Connectivity & Platforms, Business Services Connectivity, Media, Studios, and Theme Parks.

Upcoming Earnings Report and Analyst Expectations

Comcast is set to announce its fiscal Q1 2025 earnings before the market opens on Thursday, April 24. Analysts project that CMCSA will report adjusted earnings of $0.98 per share, reflecting a decline of 5.8% from $1.04 in the same quarter last year. Notably, CMCSA has outperformed Wall Street’s bottom-line estimates for the past four quarters, including a 9.1% beat in Q4 2024.

Fiscal 2025 Projections

For the full fiscal year 2025, analysts anticipate an adjusted EPS of $4.30, slightly down from $4.33 in fiscal 2024. This figure is expected to rebound, with projections suggesting a 10.5% increase year-over-year to $4.75 in fiscal 2026.

Stock Performance

Over the past year, CMCSA shares have dropped 12.4%, underperforming both the S&P 500 Index’s ($SPX) 4.7% gain and the Communication Services Select Sector SPDR ETF Fund’s (XLC) 13.5% increase.

Q4 2024 Results Overview

On January 30, CMCSA shares slid 11% despite reporting stronger-than-expected Q4 2024 results. The adjusted EPS came in at $0.96, exceeding the consensus estimate of $0.88. Additionally, revenue reached $31.9 billion, surpassing the expected $31.6 billion. The company ended the quarter with 51.6 million customer relationships in Connectivity & Platforms, experiencing a sequential decline of 58,000 due to a drop in domestic customers.

Analysts’ Consensus Rating

The consensus rating on Comcast’s stock is generally positive, reflecting a “Moderate Buy.” Of the 30 analysts covering CMCSA, there are 16 “Strong Buys” and 14 “Holds.” The mean price target is $42.92, indicating a potential upside of 22% from current price levels.

On the date of publication, Sohini Mondal did not hold any positions directly or indirectly in any of the securities mentioned in this article. All information and data provided are for informational purposes only. For additional details, please view the Barchart Disclosure Policy here.

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