Comcast 2nd Quarter 2022

[agentj]

For those interested, 2nd Quarter results are out this Thursday @ www.cmcsa.com. (8:30 AM) It should be an interesting report. Consensus has Theme Park
Revenue at 1.67 billion--53% over same quarter last year. If true, that shows remarkable growth. Numbers look good for most all segments of Comcast.

 

[Cup_Of_Coffee]

I gotta invest in Comcast lol

 

[PerceptiveCoot]

I gotta invest in Comcast lol

Or, if you have faith in the American stock market existing into your 80s, invest in an index fund with a nice average rate of return over 50 years.

Or just invest in the latest tulip fever and dip way early. Or do some arcane Black Swan, Taleb style investing that allows you to benefit handsomely from systemic volatibility.

 

[Mad Dog]

Or, if you have faith in the American stock market existing into your 80s, invest in an index fund with a nice average rate of return over 50 years.

Or just invest in the latest tulip fever and dip way early. Or do some arcane Black Swan, Taleb style investing that allows you to benefit handsomely from systemic volatibility.

I've been in the market since the mid 70's Never panic. It always rebounds. Stand pat, be patient, and wait for circumstances to get better.

 

[PerceptiveCoot]

I've been in the market since the mid 70's Never panic. It always rebounds. Stand pat, be patient, and wait for circumstances to get better.

Pretty much, yeah.

 

[JoeCamel]

I've been in the market since the mid 70's Never panic. It always rebounds. Stand pat, be patient, and wait for circumstances to get better.

Always, just needs enough time

 

[GAcoaster]

Comcast overall will have a rough time with Broadband growth slowing, but the parks did record numbers again:

UPDATE 2-Comcast slides on flat Q2 subscriber numbers in streaming, broadband

Comcast Corp said on Thursday subscriber numbers in its broadband and streaming businesses in the second quarter remained steady, sending the shares of the media company down more than 9% in early trading. The company's failure to gain broadband subscribers in the quarter reflected a continued...

finance.yahoo.com

 

[Mad Dog]

and...most important to us on IU... From Yahoo "Universal Orlando generated its highest adjusted EPITDA on record for any quarter".....The theme park business at Universal Orlando is damn strong. There's plenty of money to fix USF capacity issues, if there's a will from management. :grin:

 

[rageofthegods]

Broadband slowing has the potential to be pretty existential for Comcast, since that's been the driver of their massive cash flow. If it doesn't stabilize, that may or may not put Comcast on the path of spinning off at least part of NBCU.

 

[agentj]

and...most important to us on IU... From Yahoo "Universal Orlando generated its highest adjusted EPITDA on record for any quarter".....The theme park business at Universal Orlando is damn strong. There's plenty of money to fix USF capacity issues, if there's a will from management. :grin:

So True. EBITDA was up a whopping 187% to 632 Million. Nice position to be in since they have committed to continued growth of the parks.

 

[shiekra38]

and...most important to us on IU... From Yahoo "Universal Orlando generated its highest adjusted EPITDA on record for any quarter".....The theme park business at Universal Orlando is damn strong. There's plenty of money to fix USF capacity issues, if there's a will from management. :grin:

More money in the EU fund

And here I thought Universal was going to have to have a carwash

Also Comcast is a great stock to buy and hold...I actually sold my DIS stock and bought more Comcast

 

[AlexanderMBush]

and...most important to us on IU... From Yahoo "Universal Orlando generated its highest adjusted EPITDA on record for any quarter".....The theme park business at Universal Orlando is damn strong. There's plenty of money to fix USF capacity issues, if there's a will from management. :grin:

I'll argue USH doing their highest adjusted EPITDA for their second quarter is a bigger deal. Especially given their year long closure, that with the paired fact of attendance levels back to Pre-Pandemic, everything is coming up millhouse for the LA based location.

 

[salismetho]

I'll argue USH doing their highest adjusted EPITDA for any quarter is a bigger deal. Especially given their year long closure, that with the paired fact of attendance levels back to Pre-Pandemic, everything is coming up millhouse for the LA based location.

I believe USH's was just for their second quarter, but that's still huge. Remember how empty it was just a few months ago?

 

[Mad Dog]

I'll argue USH doing their highest adjusted EPITDA for any quarter is a bigger deal. Especially given their year long closure, that with the paired fact of attendance levels back to Pre-Pandemic, everything is coming up millhouse for the LA based location.

Yeah, as @salismetho said, and you corrected your post, Hollywood was just a second quarter record. Not as impressive as Orlando, but impressive nonetheless.