Overview
- Adjusted EPS reached $1.12 on revenue of $31.2 billion, topping Wall Street forecasts from LSEG.
- Broadband fell by 104,000 customers for a fourth straight quarterly decline, pay TV dropped 257,000, and wireless lines jumped a record 414,000 to about 8.9 million.
- Theme parks revenue rose nearly 19% to $2.72 billion on Epic Universe’s early performance, while studio revenue grew about 6% to $3.0 billion on Jurassic World: Rebirth, which neared $900 million globally.
- Peacock ended the quarter with roughly 41 million paid subscribers and narrowed its loss to $217 million as Olympic comparisons weighed on year-over-year media revenue.
- Comcast said the spinoff of NBCUniversal cable networks to Versant remains on track for year-end and leadership is shifting to a Roberts–Cavanagh co-CEO structure, while a Reuters-sourced report described exploratory interest in Warner Bros. Discovery assets.