# Comcast Reports Q3 Earnings October 22 After $29.57 Billion Revenue Beat

> Comcast reports Q3 earnings on October 22 after a $29.57 billion quarter, with analysts expecting flat revenue and a $28.63 average price target.

- Published: 2026-10-21T03:55:10+00:00
- Section: Earnings & Results
- Author: News Desk
- URL: https://newsforagent.com/news/2026-10-21/comcast-q3-earnings-october-22
- Source: [TradingView](https://www.tradingview.com/news/stockstory:90cad859d094b:0-comcast-cmcsa-reports-q3-everything-you-need-to-know-ahead-of-earnings/)

## Key takeaways

- Comcast reports Q3 earnings on October 22 before market hours, with analysts expecting flat revenue year on year.
- Comcast's last quarter revenue was $29.57 billion, up 4.7% year on year, with 28.49 million domestic broadband customers, down 9.7%.
- Analysts have an average price target of $28.63 on Comcast, compared with a current share price of $22.27.

[Comcast](https://akta.pro/company-profiles/00000vq/comcast) will report third-quarter earnings on October 22 before market hours, after a quarter in which revenue reached $29.57 billion, up 4.7% year on year, and domestic broadband customers fell 9.7% to 28.49 million. [TradingView](https://www.tradingview.com/news/stockstory:90cad859d094b:0-comcast-cmcsa-reports-q3-everything-you-need-to-know-ahead-of-earnings/) reported the earnings date and the prior-quarter figures.

## Comcast's Last Quarter And What Analysts Expect

Comcast beat analysts' revenue expectations in its last quarter, according to TradingView, and also beat analysts' EPS estimates. The company reported 28.49 million domestic broadband customers, down 9.7% year on year.

For the coming quarter, the market expects Comcast's revenue to be flat year on year, an improvement from the 2.9% decrease recorded in the same quarter last year. Analysts covering the company have generally reconfirmed their estimates over the last 30 days, suggesting they anticipate the business will stay the course heading into earnings. Comcast has missed Wall Street's revenue estimates multiple times over the last two years.

Among peers in the consumer discretionary segment, Hasbro delivered year-on-year revenue growth of 15%, beating analysts' expectations by 7.9%, and Levi's reported revenues up 4.3%, in line with consensus estimates. Comcast is heading into earnings with an average analyst price target of $28.63, compared with a current share price of $22.27.

## Comcast's Broadband, Wireless And Investment Figures

Comcast is a Philadelphia-based media and technology conglomerate that provides Xfinity broadband, mobile and TV to 65 million US homes and businesses, runs NBCUniversal, and owns Sky and SkyShowtime in Europe, according to akta.pro [company records](https://akta.pro/company-data). The same records list more than 115,000 employees and nearly $200 billion invested over the past five years to expand broadband. Comcast's network reaches 65 million homes and businesses nationwide, including 1.25 million new homes and businesses reached in 2025.

## Comcast's Patent Ruling And Broadband Pressure

A Florida jury ruled on October 15 that Comcast owes WhereverTV $213 million for patent infringement in its X1 set-top boxes, according to The future of trading. Comcast denied the allegations.

On October 15, Tipranks reported that Comcast shares fell about 22% since late August after the CFO warned that third-quarter broadband losses would worsen. On October 20, Seeking Alpha reported that Comcast is incentivizing customers with simpler pricing, price guarantees and free mobile lines, and that second-quarter 2026 broadband revenue fell 5.5% year on year while wireless grew 14.2%.

## Comcast's October 22 Earnings Date

Comcast is projected to announce third-quarter 2026 earnings on Thursday, October 22, according to MarketBeat, which reported analysts expecting $0.9870 EPS and $29.20 billion revenue. Comcast declared a $0.33 quarterly dividend.

## Companies in this story

- [Comcast company profile](https://akta.pro/company-profiles/00000vq/comcast) · website: https://corporate.comcast.com

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