Comcast (CMCSA) Posts Earnings Results, Beats Expectations By $0.03 EPS

27 April 2018, 12:36 | Kristine Mills

Comcast (NASDAQ:CMCSA) reported earnings of $0.62 per share beating Walls Streets expectations.

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Scharf Investments Llc, which manages about $2.69 billion and $4.41 billion US Long portfolio, decreased its stake in Microsoft Corp (NASDAQ:MSFT) by 234,286 shares to 3.43 million shares, valued at $293.79 million in 2017Q4, according to the filing.

Comcast Corporation operates as a media and technology company worldwide. The stock increased 2.73% or $0.91 during the last trading session, reaching $34.26. About 886,270 shares traded. Anthem, Inc. (NYSE:ANTM) has risen 35.30% since April 26, 2017 and is uptrending. It has outperformed by 10.10% the S&P500.

ETRADE Capital Management LLC boosted its stake in shares of Comcast (NASDAQ:CMCSA) by 50.0% during the fourth quarter, according to its most recent Form 13F filing with the SEC. Following the completion of the sale, the director now directly owns 26,812 shares of the company's stock, valued at approximately $1,085,886. First Republic Investment Management Inc. now owns 1,916,442 shares of the cable giant's stock valued at $76,753,000 after purchasing an additional 74,210 shares during the last quarter.

Investors sentiment decreased to 0.93 in Q4 2017. About 18.33M shares traded.

CMCSA hit $34.245 during the last trading session after $0.895 change.Comcast Corporation has volume of 19.51 million shares. The stock underperformed the S&P500 by 22.65%.

Notis invested in 0.5% or 21,600 shares.

On 1/25/2018 announced a quarterly dividend of $0.19 1.8% with an ex dividend date of 4/3/2018 which will be payable on 4/4/2018. 455 rose positions while 122 funds bought positions. The company ended March with 22.26 million TV subscribers, down from 22.55 million a year ago, and video revenues fell by 0.8 percent year-on-year to United States dollars 5.66 billion. Capital Investment Advsrs Ltd Llc holds 0.04% in Comcast Corporation (NASDAQ:CMCSA) or 15,670 shs. Geode Ltd Liability Com accumulated 0.67% or 49.26M shares. About 2.03 million shares traded. Palisade Mngmt Ltd Liability Nj holds 0.06% of its capital in Comcast Corporation (NASDAQ:CMCSA) for 44,408 shs. North American Mgmt holds 139,354 shares. The Illinois-based fund Bluespruce Investments Lp holds 1.52 million shares or 11.51% of their U.S. long equity exposure. Aqr Capital Management Lc stated it has 3,092 shares or 0% of all its holdings. Goodnow Invest Grp Incorporated Ltd reported 25,010 shares. Thrivent Financial For Lutherans has invested 1.33% in Comcast Corporation (NASDAQ:CMCSA). Comcast also reported 1.18 million home automation customers, after an increase of 46,000 in Q1. Moreover, Avalon Llc has 0.34% invested in Comcast Corporation (NASDAQ:CMCSA) for 273,960 shares. ROBERTS BRIAN L had sold 583,835 shares worth $22.57M on Thursday, December 14. Southeastern Asset Tn holds 2.45% in General Electric Company (NYSE:GE) or 11.32M shares.

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Comcast Corporation had 11 insider sales and 0 insider buys since December 15, 2017. 1,891 shs were sold by Murdock Daniel C., worth $67,320 on Friday, March 16. Shares worth $[Value] were [SoldBought] by [NameInsider]. Toronto Dominion Bank sold 259,310 shares as the company's stock declined 19.10% with the market.

Looking at the Analyst Recommendations of the stock, 12 Analysts issued a Buy for MoSys, 8 gave Outperform, 4 analysts gave Hold Rating, 0 issued Underperform and 0 marked the stock as Sell. Therefore 75% are positive. Comcast Corporation had 83 analyst reports since July 27, 2015 according to SRatingsIntel. On Thursday, January 25 the company was maintained by Wells Fargo. Argus Research maintained Johnson & Johnson (NYSE:JNJ) rating on Wednesday, October 18. In Friday, January 26 report Guggenheim maintained the stock with "Buy" rating.

Comcast (NASDAQ:CMCSA) last posted its quarterly earnings data on Wednesday, April 25th. On Thursday, January 25 the stock of Comcast Corporation (NASDAQ:CMCSA) has "Buy" rating given by Jefferies. Analysts expected Comcast to report earnings of 59 cents on sales of $22.74 billion for the period ended March 30. Rdl Inc holds 1.45% or 58,144 shares in its portfolio.

Secor Capital Advisors Lp decreased Amazon Com Inc (NASDAQ:AMZN) stake by 260 shares to 2,340 valued at $2.74 million in 2017Q4. Analysts are forecasting earnings of $0.59 on a per share basis this quarter. TGT's profit will be $743.49 million for 13.04 P/E if the $1.38 EPS becomes a reality. Two analysts have rated the stock with a sell rating, five have issued a hold rating and twenty-three have issued a buy rating to the company's stock. Therefore 82% are positive. On Wednesday, January 24 SunTrust maintained Comcast Corporation (NASDAQ:CMCSA) rating. (NYSE:GPN) earned "Buy" rating by Deutsche Bank on Friday, August 28. On Tuesday, January 24 the stock rating was maintained by Telsey Advisory Group with "Outperform". Investors, especially technical analysts, may use the 52 week range to gauge whether a stock's current price suggests buying, selling, or taking no-action. Bernstein maintained Alibaba Group Holding Limited (NYSE:BABA) rating on Monday, February 5.

Companies that can consistently grow earnings at a high compound rate usually have the greatest potential to create value for shareholders in the long-run.

Investors sentiment decreased to 1.38 in Q4 2017. Its down 0.19, from 0.69 in 2017Q3. It fall, as 26 investors sold VAC shares while 82 reduced holdings. 9 funds opened positions while 32 raised stakes. Bainco reported 173,743 shares. Citadel Advsr Limited Liability has 93,136 shares. 1,205 were accumulated by Zurcher Kantonalbank (Zurich Cantonalbank). Schwab Charles Invest Mgmt reported 166,083 shares or 0% of all its holdings. It also upped Sherwin Williams Co (NYSE:SHW) stake by 3,199 shares and now owns 476,090 shares. Old Second Fincl Bank Of Aurora owns 4,408 shares. 117,698 were reported by Wellington Shields & Company Limited Company. Of Oklahoma holds 0.12% or 6,144 shares. Leucadia National holds 0.04% or 13,192 shares in its portfolio. Amp Cap Investors Limited invested in 3,700 shares.

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