Comcast Corp. (CMCSA-NASDAQ) is one to watch on Thursday morning.  Consensus estimates are placing $0.17 EPS and $7.36 Billion revenues as expectations for it live up to.  The following quarter estimates from the street ate $0.20 EPS and $7.7 Billion in revenues.

There is a lot more at stake here than just Comcast.  This can also spill over to Time Warner Inc. (TWX-NYSE) and to Time Warner Cable (TWC-NYSE) because of the holy grail TRIPLE PLAY.  It doesn’t just stop there, because cable providers now know they have to deal with AT&T (T-NYSE) and Verizon (VZ-NYSE) as formidable competitors.  Welcome to the new communications and entertainment world. 

There are also a dozen equipment and service providers that could win or lose if the company says it wants to increase or decrease cap-ex spending.  We’ll know in the morning where this sits, but most are expecting a minimum of status quo and some are expecting higher cap-ex. 

Jon C. Ogg
April 25, 2007

Jon Ogg can be reached at jonogg@247wallst.com; he does not own securities in the companies he covers.