Categories AlphaGraphs, Earnings, Leisure & Entertainment
DIS Earnings: Walt Disney Company Q2 2023 revenue increases 13%
The Walt Disney Company (NYSE: DIS) announced second-quarter 2023 results Wednesday after regular trading hours, reporting a drop in adjusted earnings despite an increase in revenues.
The Burbank-headquartered entertainment behemoth said adjusted profit decreased to $0.93 per share in the March quarter from $1.08 per share a year earlier. On a reported basis, net income from continuing operations was $1.27 billion or $0.69 per share, compared to $470 million or $0.26 per share in the prior-year period.
Revenues increase 13% annually to $21.8 billion in the second quarter of 2023. Both media & entertainment revenue and parks & experiences revenue increased.
“From movies to television, to sports, news, and our theme parks, we continue to deliver for consumers, while establishing a more efficient, coordinated, and streamlined approach to our operations,” said Robert Iger, CEO of Walt Disney.
Prior Performance
_________________________________________________________________________________________________________________
Stocks you may like:
International Business Machines Corp. (IBM) Stock
_________________________________________________________________________________________________________________
Most Popular
BIIB Earnings: Biogen Q1 2024 adj. earnings rise despite lower revenues
Biotechnology firm Biogen Inc. (NASDAQ: BIIB) Wednesday reported an increase in adjusted profit for the first quarter of 2024, despite a decline in revenues. Total revenue declined 7% year-over-year to
Hasbro (HAS) Q1 2024 Earnings: Key financials and quarterly highlights
Hasbro, Inc. (NASDAQ: HAS) reported first quarter 2024 earnings results today. Revenues decreased 24% year-over-year to $757.3 million. Net earnings attributable to Hasbro, Inc. were $58.2 million, or $0.42 per
BA Earnings: Highlights of Boeing’s Q1 2024 financial results
The Boeing Company (NYSE: BA) on Wednesday announced financial results for the first quarter of 2024, reporting a narrower net loss, on an adjusted basis. Revenues dropped 8%. Core loss,