The Walt Disney Company (DIS)
Disney CFO Answers A Wall Street Question “We Get A Lot”: Why Is The Company Sticking With Linear TV?
Reaffirming the company's long-established strategy, Disney CFO Hugh Johnston told Wall Street analysts Wednesday on an earnings call there are no plans to spin off or sell linear TV networks. The question has surfaced anew given the changing of the executive guard, with Josh D'Amaro succeeding Bob Iger as CEO earlier this year.
Disney CEO unveils entertainment giant's new 3-pillar growth plan
Disney CEO Josh D'Amaro outlines a three-pillar growth strategy focused on intellectual property, global consumer reach and AI-powered storytelling.
Disney Q2 Earnings Surpass Estimates, Revenues Increase Y/Y
DIS posts higher fiscal Q2 revenues and adjusted EPS, boosted by streaming gains, parks growth and stronger SVOD profitability.
Disney crushes earnings estimates despite park traffic concerns | Opening Bid
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Disney shares jump 8% as new CEO Josh D'Amaro's growth strategy excites Wall Street
D'Amaro succeeded Bob Iger as Disney CEO in mid-March and is steering the company through a consumer shift to streaming and the advent of AI tools that could rewrite the economics of media.
Disney beats quarterly estimates as streaming profits improve, park spending rises
Walt Disney Co (NYSE:DIS, XETRA:WDP) reported stronger-than-expected fiscal second-quarter results on Wednesday, driven by improved profitability at its streaming unit and higher guest spending at its theme parks, sending shares up nearly 8%. The entertainment giant posted revenue of $25.17 billion for the quarter, topping analyst estimates of $24.87 billion and marking a 6.6% increase from the same period a year earlier.
Josh D'Amaro Says Disney+ Will Be The “Centerpiece” Of An “Immersive, Interactive” Digital Future
Josh D'Amaro used his first quarterly earnings call to talk up Disney+'s place as the “centerpiece” of the Magic Kingdom's digital future. The Mouse House's new CEO said an ongoing initiative to make Disney+ to first port of call for Disney customers and fans in most scenarios was already taking shape under his leadership.
Disney Not Yet In Talks With NFL About Rights Renewal, CFO Hugh Johnston Says, But “Not Dogmatic About The Process”
Unlike some other media partners with the NFL, Disney is not yet negotiating with the league for a renewal of its long-term rights deal. CFO Hugh Johnston delivered that update during the media giant's quarterly earnings call Wednesday.
Walt Disney (DIS) Q2 Earnings and Revenues Top Estimates
Walt Disney (DIS) came out with quarterly earnings of $1.57 per share, beating the Zacks Consensus Estimate of $1.49 per share. This compares to earnings of $1.45 per share a year ago.
Disney Confirms Abu Dhabi Theme Park Plans “Unchanged”
Disney has confirmed in a letter to shareholders that its plans to develop a theme park in Abu Dhabi are on track one year after the groundbreaking project was announced.
Walt Disney shares jump as earnings beat expectations on streaming, parks growth
Shares of Walt Disney surged more than 5% in premarket trading after the entertainment giant reported better-than-expected quarterly results, supported by growth in its streaming business and theme park operations. For the January–March quarter, Disney posted adjusted earnings per share of $1.57 on revenue of $25.2 billion.
Disney's stock rises as earnings signal that the theme-park business is healthy
In the first earnings report under new CEO Josh D'Amaro, Disney forecast 12% EPS growth for the year.
