Comcast announced that they have beat their first-quarter earnings expectations for 2022, mostly thanks to Universal Orlando Resort.

The Universal theme park business is up more than 151%, posting $120 million more than expected for the first three months of this year.

“We continue to see exceptional demand at our domestic parks,” Comcast Chief Financial Officer Michael Cavanagh said. “Attendance was back at pre-pandemic levels, and we had strong growth in per capita with Orlando generating its highest EBITDA on record for the first quarter.”

EBITDA refers to earnings before interest, taxes, depreciation, and amortization.

While the number of international visitors to Universal Orlando Resort is about half what it was prior to the COVID-19 pandemic, an increase in domestic visitors has made up for that.

Source: WESH 2

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