CMCSA
FY2026 Q2 · Calendar Q3 2026
Comcast Corporation
Comcast delivered Q2 2026 results that beat consensus on both EPS ($1.04 vs. $0.97) and revenue ($29.9B vs. $29.2B), anchored by two milestones: Peacock's first profitable quarter and record wireless net additions of 448,000 lines. The company is simultaneously executing a strategic separation into two independent companies within approximately one year, adding a structural catalyst. However, broadband ARPU declined 3.8% from free-line promotions, Orlando park attendance softened in June, and the separation introduces execution risk. The stock fell 5.6% on the event session before recovering 10.4% in subsequent drift, suggesting initial skepticism gave way to a more constructive read. Analyst consensus target of $28.20 implies meaningful upside from the current $24.19.
EPS surprise+7.2%
Market move-6.8%
