It is estimated that December-quarter earnings, excluding special items, declined to $0.92 per share from $0.99 per share in the corresponding period of 2023. The consensus revenue estimate is $22.01 billion.
In the fourth quarter of 2023, the Burbank-headquartered entertainment behemoth’s adjusted profit increased to $0.82 per share from $0.30 per share a year earlier. On a reported basis, earnings from continuing operations were $0.14 per share, compared to $0.09 per share in the prior year period. Q4 revenues increased 5% annually to $21.24 billion.
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