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.

The Walt Disney Company Q3 2022 earnings infographic

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

  • Walt Disney reports Q4 2021 earnings results
  • Disney Q2 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

Earnings Preview: What to look for when Broadcom (AVGO) reports Q1 results

Broadcom, Inc. (NASDAQ: AVGO) will be releasing its first-quarter results next week. Over the years, the company constantly broadened its portfolio beyond semiconductors to areas like enterprise software solutions, a

Here’s a look at Lowe’s (LOW) expectations for the near term and ahead

Shares of Lowe’s Companies, Inc. (NYSE: LOW) were up over 1% on Friday. The stock has gained 19% over the past three months. The home improvement retailer saw sales and

TJX Companies (TJX) Q4 2024 profit jumps on strong revenue growth

The TJX Companies, Inc. (NYSE: TJX) has reported a double-digit increase in net income for the fourth quarter of 2024 when the fashion retailer's net sales grew 13%. Fourth-quarter sales

Add Comment
Viewing Highlight