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.
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
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
NKE Q2 Earnings Preview: Can Nike maintain the recovery momentum?
Sneaker giant NIKE, Inc. (NYSE: NKE) entered the fiscal year facing heightened competition and shifting consumer preferences. Its upcoming second-quarter results are expected to reflect these evolving industry dynamics and
Earnings Preview: Conagra Brands’ (CAG) sales and earnings projected to decline in Q2 2026
Shares of Conagra Brands, Inc. (NYSE: CAG) rose 1% on Friday. The stock has dropped 7% in the past three months. The branded food company is slated to report its
Costco (COST) reports strong growth in Q1 FY26 earnings; revenue up 8%
Costco Wholesale Corporation (NASDAQ: COST) has reported an increase in net income for the first quarter of fiscal 2026. Revenues grew 8.3% year-over-year. The Issaquah, Washington-headquartered warehouse giant’s total revenues
