Universal Orlando Resort's parent company Comcast released their most recent quarterly financial results earlier this week, and while the theme parks may not be the entire focus of their report, Comcast's press release did contain some interesting information for fans of the Universal theme parks around the world. From some positive revenue news to an early confirmation of the opening target for Universal's Epic Universe, here's everything we learned about the present (and future!) for Universal parks from parent company Comcast's financial results:
According to the official press release (which you can read in full at the link above), Comcast's parks and resorts division saw a pretty decent bump when compared with last year during the most recent financial period, with revenue increasing 6.8% to $1.6 billion in the third quarter of 2019. This is largely due to higher per guest spending and higher attendance at Universal's global theme parks. For the nine months ended September 30, 2019, revenue from the Theme Parks segment increased 4.8% to $4.4 billion compared to 2018, again due to increases in attendance.
However, though it looks like the money is still coming in from Universal's theme parks, one thing that was not disclosed in the financial report was any information about specific park attendance so far this year. While it is pretty common for these financial reports to omit specific, hard figures about how many guests are entering Universal theme parks during a given period, they do often include at least some general statistics about attendance changes between the fiscal periods and year-over-year when it comes to specific resorts (disclosures about big gains at Universal Orlando Resort and Universal Studios Hollywood have been touted in previous releases).
And though Comcast's earnings do not include any such information, with revenue up by a pretty decent percentages and attendance confirmed to be up across Universal's parks overall, it seems like the current state of Universal theme parks is very healthy.