The Walt Disney Company (DIS)
Disney reports streaming profit but parks under strain
Disney reported Wednesday better revenues than anticipated in the most recent quarter, atop a first profit in its streaming business, but its theme parks are coming under pressure.
Disney (DIS) Q3 Earnings Beat Estimates, Revenues Rise Y/Y
Disney's (DIS) third-quarter fiscal 2024 results reflect growth in Disney+ subscribers and theme park and resort businesses.
Disney (DIS) Q3 Earnings: How Key Metrics Compare to Wall Street Estimates
The headline numbers for Disney (DIS) give insight into how the company performed in the quarter ended June 2024, but it may be worthwhile to compare some of its key metrics to Wall Street estimates and the year-ago actuals.
Disney Stock Slips as Low Experiences Demand Outweighs Surprise Streaming Profit
The Walt Disney Co. (DIS) posted better third-quarter results than analysts had expected thanks to the success of movies like "Inside Out 2" and an earlier-than-expected profit for its overall streaming business.
The Walt Disney Company (DIS) Q3 2024 Earnings Call Transcript
The Walt Disney Company (NYSE:DIS ) Q3 2024 Earnings Conference Call August 7, 2024 8:30 AM ET Company Participants Alexia Quadrani - Investor Relations Robert Iger - Chief Executive Officer Hugh Johnston - Senior Executive Vice President and Chief Financial Officer Conference Call Participants Jessica Reif Ehrlich - Bank of America Benjamin Swinburne - Morgan Stanley Robert Fishman - MoffettNathanson Steven Cahall - Wells Fargo David Karnovsky - JPMorgan John Hodulik - UBS Michael Morris - Guggenheim Bryan Kraft - Deutsche Bank Kannan Venkateshwar - Barclays Operator Good day and welcome to The Walt Disney Company Third Quarter 2024 Financial Results Conference Call. All participants will be in listen-only mode.
Disney figured it out: You can make money in streaming if you charge more.
Disney just made money in streaming for the first time. When Disney started streaming in 2019, Wall Street didn't care about profits — it wanted streamers to grow.
Walt Disney (DIS) Q3 Earnings and Revenues Surpass Estimates
Walt Disney (DIS) came out with quarterly earnings of $1.39 per share, beating the Zacks Consensus Estimate of $1.20 per share. This compares to earnings of $1.03 per share a year ago.
Disney's theme parks are struggling, and it's another warning sign for the economy
Disney reported weaker-than-expected results for its theme parks division in its latest earnings. It blamed the drop on weakening consumer demand, which it said was likely to continue.
Markets Looking To String Together Consecutive Winning Days
Stocks Move 1% Or More For 5th Day In A Row
Disney shares set to fall despite earnings beat
Walt Disney Co (NYSE:DIS) shares are expected to open lower despite revenues and earnings rising more than forecast in the past quarter, helped by Inside Out 2 (pictured) becoming the highest-grossing animated cinema release of all time. Revenues from Disney World and Disney Land parks in the US decreased in what was the group's fiscal third quarter, with overall sales from its Experiences division hit by “moderation of consumer demand towards the end of Q3 that exceeded our previous expectations”.
No Surprise, Disney & NBCUniversal Disagree On Hulu Valuation With $5 Billion In The Balance
Disney and NBC Universal are locked in a dispute about how much the former must pay the latter for absorbing the rest of Hulu. Disney has already paid Comcast's NBCU a previously agreed upon floor of $8.6 billion and both sides had their own bankers calculating how much more if any was owed.
Disney makes a profit in streaming, but parks business feels spending pressure
Walt Disney Co. turned a surprise profit in its combined streaming business, but its stock was moving lower in Wednesday's premarket trading as the company signaled that consumer spending pressure is impacting the parks business.
