How often does Comcast move more than the options market prices?

3 of the last 8 reports moved at least as far as the implied move.

CMCSANasdaqCable & Other Pay Television Services

Comcast Corp (CMCSA) earnings date, market-implied expected move, and options open interest by expiry

23.24

+0.97 · +4.36%

post 23.20 −0.17%

Closed19:53 ET

Open22.73Volume48.9MMkt cap$82.5BP/E7.32EPS3.17Div yield5.68%

Day22.61 – 23.2494%52-wk20.48 – 31.5525%

CMCSA

Comcast Corp

OpenVolumeMkt capP/EEPSDiv yield

Day – 52-wk –

Expected move

No implied move.

Expected move

Inputs

Next report

Jan 28

before open · in 89 days

est.Q4 FY26

Calendar

Next report

Last report

+3.44%

vs ±6.3% implied · ×0.55

shaded = implied · ▲▼ = realized

Oct 22 '26 · confirmed

Implied vs realized

Linked news

2dSTRZ · supplierStarz net loss $34.8 million quarter; $389.1 million nine months
2dVZ · supplierVerizon posts Q3 net income $5,320 million, diluted EPS $1.25; revenue $34,313 million
3dTMUS · customerT-Mobile US posts Q3 net income $3,455 million, revenue $23,584 million

News

Largest filed tie

13F top-10 QoQ

+1.89%

shares held · 10 largest managers

13F · Jun 30 '26124d lag

1,901 managers

Top fund weight

4.70%

CMCSA weight · XLC

N-PORTJun 30 '26

12 funds

Last reportshaded = implied▲▼ = realized× = |realized| ÷ implied

Comcast (CMCSA) is expected to report on Jan 28 before open (estimated date).

Implied vs realized

8 reports

3 of 8≥ implied

avg implied: ±5.0%
avg realized: ±5.3%

Jan 30 '25Jan 30 '25confirmed±5.0%▼−11.00%×2.20

Apr 24 '25Apr 24 '25confirmed±5.4%▼−3.71%×0.68

Jul 31 '25Jul 31 '25confirmed±3.4%▲+2.25%×0.67

Oct 30 '25Oct 30 '25confirmed±5.0%▼−4.24%×0.84

Jan 29 '26Jan 29 '26confirmed±4.9%▲+2.92%×0.60

Q1 FY26Apr 23 '26confirmed±4.9%▲+7.73%×1.59

Q2 FY26Jul 23 '26confirmed±5.2%▼−6.80%×1.31

Q3 FY26Oct 22 '26confirmed±6.3%▲+3.44%×0.55

quarterimplied−15%0+15%realized×

Q3 FY26±6.3%▲+3.44%×0.55

Q2 FY26±5.2%

Shaded = implied · tick ▲▼ = realized · × = |realized| ÷ impliedSource: options EOD · implied at prior close · realized close to close

Implied vs realized

Positioning

OI · 10 expiries · Oct 30 close

0.97OI · 10 expiries · Oct 30 closeP/C open interest · Mar 19 · first expiry after the report

PUTS · chgexpiry · days · P/CCALLS · chgP/C

6 nearer expiries

3,339+103%Nov 66d0.427,891+12%0.42

1,275+3%Nov 1313d0.363,522+4%0.36

65,7500%Nov 2020d2.5126,147+2%2.51

341+71%Nov 2727d0.271,247+32%0.27

96+35%Dec 434d0.14675+5%0.14

5—Dec 1141d2.502—2.50

32,1840%Dec 1848d0.5459,8860%0.54

42,011+12%Jan 1576d0.19223,386+1%0.19

report · Jan 28 · before open · est.

ExpiryPutsCallsP/C

6 nearer expiries

Nov 66d3,339+103%7,891+12%0.42

Nov 1313d1,275+3%3,522+4%0.36

Nov 2020d65,7500%26,147

Hatched = puts · solid = calls · bars scaled per expiry · chg = OI vs prior sessionSource: options EOD

Positioning

Linked exposure

No implied move.

Linked exposure

Revenue flow

as filedQ3 FY26

11.48%as filednet margin · revenue −2.14% QoQ · −6.09% YoY

Revenue

$29.3B−2.14% QoQ

Gross profit

$21.8B+1.08% QoQ

74.35% margin

Operating income

$5.3B+3.10% QoQ

18.16% margin

Pre-tax income

$4.4B−3.60% QoQ

Net income

$3.4B−1.67% QoQ

11.48% margin

Cost of revenue

$7.5B−10.42% QoQ

Operating expenses

$16.5B+0.44% QoQ

SG&A $10.6B

Depreciation $2.4B

Marketing $2.1B

Other operating $1.3B

Other expense

$874M

Tax

$1.1B−9.21% QoQ

Revenue$29.3B−2.14%

Gross profit

$21.8B+1.08%

74.35% margin

Operating income

$5.3B+3.10%

18.16% margin

Pre-tax income

$4.4B−3.60%

Net income

$3.4B−1.67%

11.48% margin

Cost of revenue

$7.5B−10.42%

Operating expenses

$16.5B+0.44%

SG&A $10.6B

Depreciation $2.4B

Marketing $2.1B

Other expense

$874M

Tax$1.1B−9.21%

flow · deduction · signed % = QoQSource: SEC filings · standardized · QE Sep 30 '26 · width = $

Revenue flow

Intraday

15m bars

Hatch = extended hours · ▯ up · ▮ down · bars = volume, 15mSource: market data · 19:45 ET

Intraday

Event sensitivity

FOMC ×1.35· ±1.6% vs ±1.2% · 24 releases

eventrelease day|move|up · n×base

FOMCrate decision±1.6%10 of 24×1.35

PPIproducer prices±1.5%8 of 10×1.24

NFPjobs report±1.5%7 of 10×1.24

GDPgross domestic product±1.3%10 of 19×1.07

CPIconsumer prices±1.1%2 of 10×0.91

PCEpersonal income & outlays±1.0%14 of 19×0.80

CPROFcorporate profits±0.6%8 of 12×0.50

Bar = avg |move| to ±2% · tick = ±1.2% avg day · ×base = |move| ÷ ±1.2% · min 6 releases

Earnings history

EPS 0.97 · consensus —

Quarter	Reported	EPS	Consensus
Q3 FY26	Oct 22 '26 · confirmed	0.97	—
Q2 FY26	Jul 23 '26 · confirmed	0.99	—
Q1 FY26	Apr 23 '26 · confirmed	0.60	—

Source: filed financials

Methodology

ties · implied moves · holdersMethod