Comcast (CMCSA) Gains Q2 2025

Comcast Beat Wall Street estimates on Thursday to make profits and income of the second quarter. However, the company saw a loss of broadband customers even when it changed its market strategy for the segment.

Comcast and its cable pairs have suffered a slowdown in broadband growth, which has impacted the company's shares.

Even so, Comcast actions increased approximately 3% in early negotiation, since the company reported less loss of broadband subscribers of hope, based on Streetacount estimates. At a Telephone Earning Conference, Comcast executives mapped initiatives that were introduced earlier this year to boost the broadband business.

“While it is still early, we like what we are seeing in our broadband business. It is giving us confidence in the change we have done and what is yet to come,” said Mike Cavanagh, president of Comcast.

This is how Comcast did in his second quarter compared to Wall Street estimates, according to LSE:

• Profit per action: $ 1.25 adjusted compared to $ 1.18 expected
• Revenue: $ 30.31 billion compared to $ 29.81 billion expected

Income for the connectivity business and Comcast platforms, which includes the broadband of the XFinity, mobile, TV and other services brand, totaled $ 20.39 billion, almost 1% since the same period last year.

The company lost 226,000 total broadband clients during the quarter, most of which came from its residential customers. Comcast recently turned its broadband strategy, including new price plans, to address the continuous problems of the industry and the greatest competition of alternative suppliers such as 5G, or the fixed wireless so -called.

Wall Street waited losses of almost 257,000, according to Streetacount.

Last week, cable torque Letter communicationsThe second largest broadband supplier in the United States behind Comcast, reported that the losses of worse than expected sent their actions 18%, their worst day.

“The competitive environment is still intense, as we had prevailed,” said Comcast financial director Jason Armstrong, during Thursday's call with investors. However, he added that the company has been “encouraged by the early reaction to our new market initiatives.”

In addition to changing its price strategy, Cavanagh said Thursday that the company “simplified” its broadband level offer. It also began to offer a free mobile line for a year to all new and existing customers.

Comcast and Charter have supported their mobile businesses for growth.

Comcast said he added a record of 378,000 mobile clients during the second quarter, which takes its total lines to 8.5 million, or a penetration of 14% of its broadband customers.

The loss of payment TV clients continued for Comcast, with 325,000 that the package falls during the quarter.

The general revenue of Comcast of $ 30.31 billion was an increase of 2% year after year.

For the second quarter, the company's net income took a leap due to the sale of its participation in the Hulu transmission service to Disney. As a result, the net income was $ 11.12 billion, or $ 2.98 per share, compared to $ 3.93 billion, or $ 1 per share, in the same period last year. Adjusting the unique items, including that sale of Hulu, Comcast reported profits of $ 1.25 per share.

Added profits before interest, taxes, depreciation and amortization, or EBITDA increased 1% to $ 10.28 billion.

The company's content and experience business, which includes NBCuniversal, its film and thematic parks studies, saw increase revenues of 5.6% to $ 10.63 billion.

In particular, revenues for film studios increased by 8% to $ 2.43 billion, raised by the launch of “How to Train Your Dragon”, which debuted in June and has received more than $ 600 million at the global box office so far.

The income of universal theme parks increased 19% to $ 2.35 billion, after the opening of Epic Universe.

“We are satisfied with the first results, since Epic is already promoting greater expense and assistance.

The media business, or NBCuniversal, reported revenues of $ 6.44 billion, almost 2% since the same period last year.

National advertising revenues fell 7% to $ 1.85 billion, since the industry continues to suffer a weak advertising market for the payment TV business. Despite this, Nbcuniversal announced a record in advance this year when advertisers gravitated towards their next live sports programming list.

The NBCuniversal Transmission Platform, Peacock, saw the subscribers remain stable from the first quarter with 41 million. Revenue for Peacock grew 18% to $ 1.2 billion, helping to compensate for the decrease in national advertising for the media segment.

Cavanagh said that Thursday Peacock represents “more than a third of the total nbcuniversal value.”

Peacock reported losses of $ 101 million for the quarter, an improvement in losses of $ 348 million during the same period last year. Nbcuniversal has been working so that its transmission platform is profitable. Other services have already informed being black.

In July, NBCuniversal announced a price increase of $ 3 for Peacock, similar to other transmission services that have increased prices to generate income and profitability.

The company is also about to assume greater sports programming expenses in the fourth quarter, when its contract begins to broadcast NBA games.

“It's a great investment,” Cavanagh said of the NBA agreement. “In this first season we will take a full year of business amortization related to the business.”

Media companies have been disbursing great sums for live sports rights as the category continues to nest of most spectators on traditional television and transmission. NBCuniversal will pay $ 2.45 billion annually for an 11 -year contract to broadcast NBA games.

“NBC is configured to be well positioned for growth,” said Cavanagh, pointing out the NBA agreement and the recent movement to turn its cable network portfolio, including CNBC. This transaction is expected to be completed at the end of this year.

Disclosure: Comcast is the parent company of CNBC.