Comcast (CMCSA) closed the most recent trading day at $37.83, moving +1.8% from the previous trading session. This move outpaced the S&P 500’s daily gain of 0.58%. At the same time, the Dow added 0.14%, and the tech-heavy Nasdaq gained 1.66%.

Coming into today, shares of the cable provider had gained 4.15% in the past month. In that same time, the Consumer Discretionary sector gained 2.49%, while the S&P 500 gained 3.15%.

Investors will be hoping for strength from CMCSA as it approaches its next earnings release, which is expected to be April 30, 2020. On that day, CMCSA is projected to report earnings of $0.69 per share, which would represent a year-over-year decline of 9.21%. Meanwhile, the Zacks Consensus Estimate for revenue is projecting net sales of $26.93 billion, up 0.26% from the year-ago period.

For the full year, our Zacks Consensus Estimates are projecting earnings of $2.96 per share and revenue of $110.66 billion, which would represent changes of -5.43% and +1.57%, respectively, from the prior year.

Investors might also notice recent changes to analyst estimates for CMCSA. These recent revisions tend to reflect the evolving nature of short-term business trends. With this in mind, we can consider positive estimate revisions a sign of optimism about the company’s business outlook.