Comcast (CMCSA) Gains As Market Dips: What You Should Know

Comcast (CMCSA) Gains As Market Dips: What You Should Know
This story originally appeared on Zacks

Comcast (CMCSA) closed the most recent trading day at $50.52, moving +0.94% from the previous trading session. This change outpaced the S&P 500’s 0.14% loss on the day. Elsewhere, the Dow lost 0.45%, while the tech-heavy Nasdaq lost 0.01%.

Comcast (CMCSA) Gains As Market Dips: What You Should Know – Zacks

Heading into today, shares of the cable provider had gained 3.3% over the past month, outpacing the Consumer Discretionary sector’s loss of 3.63% and the S&P 500’s loss of 0.13% in that time.

Wall Street will be looking for positivity from Comcast as it approaches its next earnings report date. This is expected to be January 27, 2022. The company is expected to report EPS of $0.74, up 32.14% from the prior-year quarter. Our most recent consensus estimate is calling for quarterly revenue of $29.83 billion, up 7.66% from the year-ago period.

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