The days of about 11 million at both USF and IOA in 2022 are in the past. The problem with Epic is that it's not very repeatable. I've been there three times now, and short of riding Monsters Unleashed about a dozen times, there's really nothing else I feel the need to experience anymore.
One thing most everyone is forgetting is that Universal Orlando had six of seven quarterly reports 'before' Epic opened where they had declining revenue. That Epic bump was pretty short lived.
As
@DOOMBOT mentioned, the recent attractions added to the North Campus have been fairly minor. Besides all of these significant Orlando & National problems we've been talking about, the North Campus is badly in need of a refreshment.
Plus, I wonder how many AP's they've bled. Even Saturdays are not real busy like in the past, and that was always a heavy AP day.