Comcast (CMCSA) Declares $0.275 Quarterly Dividend; 1.6% Yield

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Go back to Comcast (CMCSA) Declares $0.275 Quarterly Dividend; 1.6% Yield

Jefferies Raises Price Target on Comcast (CMCSA) to $77; Reiterates Buy

July 28, 2016 10:10 AM EDT

Jefferies 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) Tops Q2 EPS by 2c

July 27, 2016 7:02 AM EDT

Comcast (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