earnings
confidence high
sentiment positive
materiality 0.70
Comcast Q2: Adj EPS $1.13 (+11.9%); Theme Parks record EBITDA; Peacock subs double to 24M
COMCAST CORP
2023-Q2 EPS reported
$1.92
revenue$60,205,000,000
- Q2 revenue $30.5B (+1.7%); net income $4.25B (+25.1%); Adj EPS $1.13 (+11.9%).
- Connectivity & Platforms Adj EBITDA margin 41.0% (+170bps); broadband lost 19K customers; wireless added 316K lines.
- Theme Parks record Adj EBITDA $833M (+32%); Peacock revenue $820M (+85%), paid subs 24M (nearly doubled).
- Returned $3.2B to shareholders ($1.2B dividends, $2.0B buybacks); FCF $3.4B (+7.9%).