NEW YORK (TheStreet) -- Shares of Comcast Corp. (CMCSA) - Get Report are down 0.62% to $58.14 in midday trading today ahead of the company's fourth quarter earnings report expected before the opening bell tomorrow.
The consensus estimate calls for the Philadelphia-based media and technology company to report earnings of 78 cents a share on revenue of $17.7 billion.
In the fourth quarter of last year, the company posted earnings of 66 cents a share, below the consensus estimate for earnings of 68 cents a share, according to analysts polled by Reuters. Revenue totaled $16.93 billion, above analysts' estimates of $16.63 billion.
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In the third quarter of 2014, Comcast's earnings of 73 cents beat estimates for 71 cents. Revenue totaled $16.79 billion, below estimates of $16.83 billion.
The average recommendation of 21 brokers' estimates on the stock is "outperform," and the mean price target is $65.14, according to Reuters.
Separately, TheStreet Ratings team rates COMCAST CORP as a Buy with a ratings score of A+. TheStreet Ratings Team has this to say about their recommendation:
"We rate COMCAST CORP (CMCSA) a BUY. This is based on the convergence of positive investment measures, which should help this stock outperform the majority of stocks that we rate. The company's strengths can be seen in multiple areas, such as its increase in stock price during the past year, impressive record of earnings per share growth, compelling growth in net income, revenue growth and notable return on equity. We feel these strengths outweigh the fact that the company shows low profit margins."
You can view the full analysis from the report here: CMCSA Ratings Report