Categories AlphaGraphs, Earnings, Leisure & Entertainment
Walt Disney Company (DIS) Q3 revenues, earnings beat Street view
Entertainment behemoth The Walt Disney Company (NYSE: DIS) on Wednesday reported higher revenues and earnings for the third quarter of 2022. The results also topped expectations.
Third-quarter revenues of the Los Angeles-based company advanced to $21.50 billion from $17.02 billion in the same period last year and surpassed experts’ projections.
The strong revenues drove up adjusted earnings from continuing operations to $1.09 per share in the latest quarter from $0.80 per share in the prior-year quarter. Analysts had predicted a slower growth. Unadjusted profit from continuing operations was $1.41 million or $0.77 per share, compared to $923 million or $0.50 per share last year.
Check this space to read management/analysts’ comments on Walt Disney’s Q3 2022 results
“We continue to transform entertainment as we near our second century, with compelling new storytelling across our many platforms and unique immersive physical experiences that exceed guest expectations, all of which are reflected in our strong operating results this quarter,” said Bob Chapek, 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
BK Earnings: Bank of New York Mellon Q3 2024 earnings climb on higher revenues
The Bank of New York Mellon Corporation (NYSE: BK) on Friday said its adjusted earnings increased in the third quarter of 2024. The financial service provider's assets under management and
BLK Earnings: BlackRock reports better-than-expected Q3 2024 results
Asset management company BlackRock, Inc. (NYSE: BLK) on Friday reported higher revenues and adjusted profit for the third quarter of 2024, which also came in above Wall Street's projections. Third-quarter
JPM Earnings: Key quarterly highlights from JPMorgan’s Q3 2024 financial results
JPMorgan Chase & Co. (NYSE: JPM) reported its third quarter 2024 earnings results today. Reported net revenue increased 7% year-over-year to $42.6 billion. Managed revenue rose 6% to $43.3 billion.
