Comcast Earnings Beat; Theme Parks, Streaming Surge

Comcast reported strong second-quarter 2025 earnings, with revenue rising 2.1% year-over-year to $30.31 billion and adjusted EPS reaching $1.25, both beating analyst expectations. The theme parks segment generated $2.35 billion in revenue, up 18-19%, fueled by the May opening of Epic Universe and increased attendance at Universal Orlando Resort. Comcast Studios also contributed with hits like 'How to Train Your Dragon.' Peacock streaming revenue rose 18% to $1.2 billion, with 41 million paid subscribers and reduced operating losses. The company continued to lose broadband (226,000) and video (325,000) subscribers, but these losses were less than expected, while a record 378,000 wireless customers were added. Comcast is responding to broadband competition with simplified all-inclusive packages and a five-year price lock, but long-term growth in traditional cable and broadband faces ongoing industry challenges.