Disney and SeaWorld Investors Should Pay Attention to Comcast's New Report
Universal Studios parent Comcast (NASDAQ: CMCSA) reported fresh financials on Thursday morning. There are many moving parts to the media and connectivity giant. It's the country's leading provider of internet access and cable TV through its Xfinity banner. It's a major player in content through NBCUniversal.
Comcast also operates several popular gated attractions, and as the first of the five publicly traded companies with major interests in theme parks and amusement parks that reports every earnings season it's an update that shareholders in Walt Disney (NYSE: DIS) and SeaWorld Entertainment (NYSE: SEAS) can't ignore. Six Flags (NYSE: SIX) and Cedar Fair (NYSE: FUN) investors should also pay attention, but that's more important during the springtime and summertime quarters when the largely seasonal regional amusement park operators derive most of their revenue and all of their profits.
Image source: Comcast.
Source Fool.com
