Comcast Reports 2nd Quarter 2016 Results
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Jefferies Raises Price Target on Comcast (CMCSA) to $77; Reiterates Buy
July 28, 2016 10:10 AM EDTJefferies reiterated a Buy rating on Comcast Corp (NASDAQ: CMCSA), and raises price target to $77.00 (from $72.00), following the company's 2Q earnings report. Comcasts subscriber turnaround continues to impress, with PSU growth of 75%, far ahead of the peer group.
Analyst Mike McCormack... More
Comcast (CMCSA) Declares $0.275 Quarterly Dividend; 1.6% Yield
July 27, 2016 7:05 AM EDTComcast (NASDAQ: CMCSA) declared a quarterly dividend of $0.275 per share, or $1.1 annualized.
The dividend will be payable on October 26, 2016, to stockholders of record on October 5, 2016, with an ex-dividend date of October 3, 2016.
The annual yield on the dividend is 1.6 percent.
For a... More
Comcast (CMCSA) Tops Q2 EPS by 2c
July 27, 2016 7:02 AM EDTComcast (NASDAQ: CMCSA) reported Q2 EPS of $0.83, $0.02 better than the analyst estimate of $0.81. Revenue for the quarter came in at $18.74 billion versus the consensus estimate of $19 billion.
Cable Communications 2nd Quarter 2016 Highlights:
Cable Communications Revenue Increased 6.0% and Operating Cash Flow... More