Categories AlphaGraphs, Earnings, Leisure & Entertainment

DIS Earnings: Walt Disney Company Q1 2024 profit rises and beats estimates

The Walt Disney Company (NYSE: DIS) on Wednesday reported an increase in first-quarter adjusted earnings. The results also topped expectations.

Walt Disney Q1 2024 earnings infographic

The Burbank-headquartered entertainment behemoth said adjusted profit increased to $1.22 per share in the December quarter from $0.99 per share a year earlier. Earnings also exceeded estimates. On a reported basis, net income was $1.91 billion or $1.04 per share in Q1, compared to $1.28 billion or $0.70 per share in the prior year period.

Meanwhile, first-quarter revenues remained broadly unchanged at $23.5 billion, compared to the corresponding period of 2023.

“Our strong performance this past quarter demonstrates we have turned the corner and entered a new era for our company, focused on fortifying ESPN for the future, building streaming into a profitable growth business, reinvigorating our film studios, and turbocharging growth in our parks and experiences,” said Robert Iger, CEO of Walt Disney.

Prior Performance

  • The Walt Disney Company Q1 2023 earnings infographic

Listen to the conference calls as they happen. Don't miss a beat! With AlphaStreet Intelligence, you can listen to live calls and interviews as they happen, so you never have to worry about missing out on important information.

Most Popular

Key highlights from Advance Auto Parts’ (AAP) Q4 2024 earnings results

Advance Auto Parts, Inc. (NYSE: AAP) reported fourth quarter 2024 earnings results today. Net sales totaled $2 billion, down 0.9% compared to the prior year. Comparable store sales decreased 1%.

Lowe’s (LOW) Q4 2024 Earnings: Key financials and quarterly highlights

Lowe's Companies, Inc. (NYSE: LOW) reported its fourth quarter 2024 earnings results today. Total sales were $18.6 billion, flat compared to the same period a year ago. Comparable sales increased

INTU Earnings: Intuit Q2 2025 revenue and profit beat estimates

Financial technology company Intuit Inc. (NASDAQ: INTU) on Tuesday announced results for the second quarter of 2025. Revenue and earnings exceeded estimates. The Mountain View-headquartered company’s second-quarter revenue was $3.96

Add Comment
Loading...
Cancel
Viewing Highlight
Loading...
Highlight
Close