Categories AlphaGraphs, Earnings, Leisure & Entertainment

DIS Earnings: Everything you need to know about Walt Disney Q2 2020 results

As of May 4, Disney+ had 54.5 million subscribers, company say during earnings conference call

The Walt Disney Company (NYSE: DIS) today announced its second quarter financial results for the period ended March 28, 2020.

Second quarter net income was $475 million, or $0.26 per share, compared with net income of $5.4 billion, or $3.53 per share in second of 2019.

Revenues increased 21% to $18.0 billion.

Amid COVID-19, Parks, Experiences and Products segment experienced a significant impact on the operating income (approx. $1.0 billion) as a result of the closures. 

Also Read:  Why Disney + could go from strength to strength in the near future

Here is the quick summary of earnings report.


You may also like:

COVID-19 puts insurers in tricky situation; risks range from litigation to insolvency

Ravaging almost every part of the world and crippling economic activity, the coronavirus pandemic has not spared any business. When it comes to the insurance industry, the nature of impact is complex and there is no doubt the companies will struggle with their underwriting decisions once the damage is fully assessed.

Check out our analysis 

Most Popular

Highlights of Aurora Cannabis (ACB) Q4 2020 earnings report

Aurora Cannabis, Inc. (NYSE: ACB) reported a wider loss for the fourth quarter of 2020, hurt by a 5% decrease in revenues. The company’s stock fell sharply during Tuesday’s after-hours

Infographic: Stitch Fix Q4 2020 earnings

Stitch Fix (NASDAQ: SFIX) reported fourth-quarter 2020 financial results after the closing bell on Tuesday. The company reported an 11% increase in Q4 revenues to $443.4 million, beating Wall Street

Nike Inc. (NKE) stock spikes after beating Q1 2021 estimates

Nike Inc.'s (NYSE: NKE) profit and revenue in the first quarter of fiscal 2021 surpassed the market's estimates and sent the NKE stock up by about 7% in the extended