Recently, Zacks.com users have been paying close attention to Comcast (CMCSA). This makes it worthwhile to examine what the stock has in store.
CMCSA beats Q3 earnings and revenue estimates despite lower Y/Y revenue due to last year's Paris Olympics boost.
Comcast Corporation ( CMCSA ) Q3 2025 Earnings Call October 30, 2025 8:30 AM EDT Company Participants Marci Ryvicker - Executive Vice President of Investor Relations Michael Cavanagh - President Jason Armstrong - Chief Financial Officer Brian Roberts - Chairman & CEO David Watson - Chief Executive Officer of Connectivity & Platforms Conference Call Participants Michael Rollins - Citigroup Inc., Research Division Michael Ng - Goldman Sachs Group, Inc., Research Division Craig Moffett - MoffettNathanson LLC Benjamin Swinburne - Morgan Stanley, Research Division Jessica Reif Cohen - BofA Securities, Research Division John Hodulik - UBS Investment Bank, Research Division Presentation Operator Good morning, ladies and gentlemen, and welcome to Comcast's Third Quarter Earnings Conference Call. [Operator Instructions] Please note, this conference call is being recorded.
While the top- and bottom-line numbers for Comcast (CMCSA) give a sense of how the business performed in the quarter ended September 2025, it could be worth looking at how some of its key metrics compare to Wall Street estimates and year-ago values.
Comcast (CMCSA) may not be a high-growth story, but its steady profits, strong cash flows, and discounted valuation make it worth a closer look.Comcast stock merits your attention. Why? Because you benefit from high margins – indicative of pricing power and cash generation ability – at a discounted price.
The company lost 104,000 subscribers from its crucial domestic broadband business in the third quarter, a downward trend the company predicted will continue.
In the first full quarter of operation, Comcast's Epic Universe theme park drove double-digit gains for the company's theme park unit. And executives expect that contribution to only increase. The company reported a 19% year-over-year gain in parks revenue, to $2.7 billion, in the period ended September 30. EBITDA rose 13% to $958 million.
Comcast (CMCSA) came out with quarterly earnings of $1.12 per share, beating the Zacks Consensus Estimate of $1.1 per share. This compares to earnings of $1.12 per share a year ago.
Comcast's quarterly number topped Wall Street forecasts with Epic Universe contributing to 19% revenue growth at Theme Parks, advertising steady thanks to Peacock — and excluding a massive year-earlier bump from the Paris Olympics — and good news on the subscriber front with fewer domestic broadband losses and a jump in wireless customers.
The media and telecommunications giant on Thursday reported a net loss of 104,000 domestic internet customers for the third quarter, reflecting losses of 91,000 in its residential segment and 13,000 in its business segment. Analysts tracked by FactSet were expecting 143,000 domestic broadband net losses on average, versus 226,000 in the second quarter.
Comcast lost fewer broadband and video customers in the third quarter than Wall Street had expected, buoying its top and bottom lines while its wireless business gained steam.
Comcast surpassed Wall Street expectations for quarterly results on Thursday, thanks to the growing popularity of its theme parks and strong box office returns from its latest "Jurassic World" movie.