Comcast Q1 Beats Estimates, Shares Jump 5%

Comcast reported Q1 2026 adjusted EPS $0.79, beating consensus $0.72, and revenue $31.46 bn vs $30.37 bn estimate.
Advertising from Milan‑Cortina Olympics and Super Bowl LX drove record viewership, boosting Peacock subscribers 12% to 46 million and revenue over $2 bn.
Connectivity revenue rose 1.6% to $11.6 bn; broadband losses fell 117,000 YoY to 65,000 and wireless lines added 435,000, total 9.7 m.
Free cash flow hit $3.9 bn and the company returned $2.5 bn to shareholders via $1.2 bn dividends and $1.3 bn share repurchases; shares jumped ~5%.