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Media

Comcast Earnings Preview Q1 2007

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By Douglas A. McIntyre Published
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Comcast Corp. (CMCSA-NASDAQ) is one to watch on Thursday morning.  Consensus estimates are placing $0.17 EPS and $7.36 Billion revenues as expectations for it live up to.  The following quarter estimates from the street ate $0.20 EPS and $7.7 Billion in revenues.

There is a lot more at stake here than just Comcast.  This can also spill over to Time Warner Inc. (TWX-NYSE) and to Time Warner Cable (TWC-NYSE) because of the holy grail TRIPLE PLAY.  It doesn’t just stop there, because cable providers now know they have to deal with AT&T (T-NYSE) and Verizon (VZ-NYSE) as formidable competitors.  Welcome to the new communications and entertainment world. 

There are also a dozen equipment and service providers that could win or lose if the company says it wants to increase or decrease cap-ex spending.  We’ll know in the morning where this sits, but most are expecting a minimum of status quo and some are expecting higher cap-ex. 

Jon C. Ogg
April 25, 2007

Jon Ogg can be reached at [email protected]; he does not own securities in the companies he covers.

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About the Author Douglas A. McIntyre →

Douglas A. McIntyre is the co-founder, chief executive officer and editor in chief of 24/7 Wall St. and 24/7 Tempo. He has held these jobs since 2006.

McIntyre has written thousands of articles for 24/7 Wall St. He is an expert on corporate finance, the automotive industry, media companies and international finance. He has edited articles on national demographics, sports, personal income and travel.

His work has been quoted or mentioned in The New York Times, The Wall Street Journal, Los Angeles Times, The Washington Post, NBC News, Time, The New Yorker, HuffPost USA Today, Business Insider, Yahoo, AOL, MarketWatch, The Atlantic, Bloomberg, New York Post, Chicago Tribune, Forbes, The Guardian and many other major publications. McIntyre has been a guest on CNBC, the BBC and television and radio stations across the country.

A magna cum laude graduate of Harvard College, McIntyre also was president of The Harvard Advocate. Founded in 1866, the Advocate is the oldest college publication in the United States.

TheStreet.com, Comps.com and Edgar Online are some of the public companies for which McIntyre served on the board of directors. He was a Vicinity Corporation board member when the company was sold to Microsoft in 2002. He served on the audit committees of some of these companies.

McIntyre has been the CEO of FutureSource, a provider of trading terminals and news to commodities and futures traders. He was president of Switchboard, the online phone directory company. He served as chairman and CEO of On2 Technologies, the video compression company that provided video compression software for Adobe’s Flash. Google bought On2 in 2009.

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