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 Walt Disney Company Q3 2023 earnings infographic

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

  • The Walt Disney Company Q1 2023 earnings infographic
  • Walt Disney Q4 2022 earnings infographic
  • The Walt Disney Company Q3 2022 earnings infographic

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 Coca-Cola Company (KO) reports Q2 results

The Coca-Cola Company (NYSE: KO) is all set to unveil its second-quarter 2024 financial results next week. Over the years, it has constantly innovated its portfolio and expanded far beyond

What to expect when Southwest Airlines (LUV) reports Q2 2024 earnings results

Shares of Southwest Airlines (NYSE: LUV) were up over 2% on Tuesday. The stock has dropped 22% over the past 12 months. The airline is scheduled to report its second

PNC Earnings: Highlights of PNC Financial Services Group’s Q2 2024 report

The PNC Financial Services Group, Inc. (NYSE: PNC) Tuesday reported a modest increase in revenues and net income for the second quarter of 2024. Net income attributable to common shareholders

Add Comment
Viewing Highlight