NEW YORK (TheStreet) -- Shares of Comcast Corp (CMCSA) closed up 1.13% to $58.41 in Friday's regular trading session, ahead of its first quarter 2015 earnings release on Monday, before the market opens.
The company is expected to report earnings of 74 cents per share on revenue of $17.41 billion for the first quarter, according to Wall Street analysts.
In the same quarter of last year, the company earned 71 cents per share on revenue of $17.41 billion.
Comcast recently announced the termination of its $45 billion merger agreement with Time Warner Cable (TWC), citing regulatory pressure.
"Obviously they're looking at a snapshot of what the world looks like in 2015. In 2018, I think we'll be laughing that they didn't let this deal happen," he added.
Philadelphia-based Comcast is a media and technology company, operating under its two primary businesses, Comcast Cable and NBCUniversal.
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 solid stock price performance, revenue growth, notable return on equity, reasonable valuation levels and good cash flow from operations. We feel these strengths outweigh the fact that the company shows low profit margins."