Categories AlphaGraphs, Earnings, Leisure & Entertainment
DIS Earnings: Walt Disney Company Q3 2023 revenue rises 4%
The Walt Disney Company (NYSE: DIS) announced third-quarter 2023 results on Wednesday, reporting an increase in revenues.
The Burbank-headquartered entertainment behemoth said its adjusted profit decreased to $1.03 per share in the June quarter from $1.09 per share a year earlier. On a reported basis, it was a net loss from continuing operations of $460 million or $0.25 per share, compared to a profit of $1.41 billion or $0.77 per share in the prior-year period.
Revenues increased 4% annually to $22.3 billion in the third quarter. Revenues of Disney Parks, Experiences, and Products increased by 13%.
“Our results this quarter are reflective of what we’ve accomplished through the unprecedented transformation we’re undertaking at Disney to restructure the company, improve efficiencies, and restore creativity to the center of our business,” said Robert Iger, CEO of Walt Disney.
Prior Performance
Looking for more insights on the earnings results? Click here to access the full transcripts of the latest earnings conference calls!
Most Popular
What to look for when CVS Health (CVS) reports Q3 earnings
Healthcare company CVS Health Corporation (NYSE: CVS) is all set to report earnings next week, with Wall Street expecting a mixed outcome. The company has been facing challenges in certain
eBay (EBAY): A few factors that helped drive growth in Q3 2024
Shares of eBay Inc. (NASDAQ: EBAY) stayed green on Friday. The stock has gained 32% year-to-date. The ecommerce leader delivered revenue and earnings growth for the third quarter of 2024,
CVX Earnings: Chevron reports lower revenue and profit for Q3 2024
Energy exploration company Chevron Corporation (NYSE: CVX) on Friday announced third-quarter 2024 financial results, reporting a decline in net profit and revenues. Net income attributable to Chevron Corporation dropped to
