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Barchart
Barchart
Aditya Sarawgi

Earnings Preview: What To Expect From Comcast's Report

Philadelphia, Pennsylvania-based Comcast Corporation (CMCSA) operates as a media and technology company worldwide. With a market cap of $130.6 billion, Comcast operates through Residential Connectivity & Platforms, Business Services Connectivity, Media, Studios, and Theme Parks segments.

The company is expected to announce its second-quarter results before the markets open on Thursday, Jul. 31. Ahead of the event, analysts expect CMCSA to deliver a profit of $1.17 per share, down 3.3% from $1.21 per share reported in the year-ago quarter. However, the company has surpassed the Street’s bottom-line expectations in each of the past four quarters.

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