10:20 AM EDT, 08/01/2025 (MT Newswires) -- Comcast ( CMCSA ) delivered a 'solid' quarter across the board, aided by strong performances across the company's media, theme parks, and business services businesses, Oppenheimer analysts wrote in a note Thursday.

Comcast ( CMCSA ) reported Q2 adjusted net income of $1.25 per diluted share,

up from $1.21 a year earlier. Analysts polled by FactSet expected $1.16 per share.

Revenue for the quarter ended June 30 was $30.31 billion, up from $29.69 billion a year earlier. Analysts surveyed by FactSet expected $29.8 billion.

"The company is taking the right steps to address its pricing problem, but will take time," Oppenheimer said.

Oppenheimer notes that while the company is still likely to face difficulty in growing earnings in the next few years, its strong free cash flow and a healthy balance sheet will enable buybacks and dividends.

The brokerage retained an outperform rating and a $38 price target.

Price: 33.10, Change: -0.13, Percent Change: -0.39