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(CMCSA) Earnings Preview: Comcast Corporation

Comcast Corp. (CMCSA) is slated to release its fourth quarter 2011 results on Wednesday, February 15, 2012, before the opening bell. The current Zacks Consensus Estimate for the fourth quarter is pegged at 42 cents per share, representing an annualized growth of 24.82%. With respect to earnings surprises over the trailing four quarters, Comcast has outperformed the Zacks Consensus Estimate in three of the last four quarters. The average earnings surprise was a negative 0.73%. Third Quarter Recap On November 2, 2011, Comcast reported its third quarter 2011 financial results. Total revenue came in at $14,339 million, up 51.1% year over year, and surpassed the Zacks Consensus Estimate of $14,220 million. Both Cable Communications and NBC Universal segments generated solid revenue growth. GAAP net income for the third quarter of

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