Entertainment giant The Walt Disney Company (NYSE: DIS) will be reporting operating results for the third quarter of 2023 today after the bell.
Listen to Walt Disney’s Q3 2023 earnings call live and read the real-time transcript
It is widely expected that the company would report earnings of $0.95 per share for the June quarter, on an adjusted basis, which represents a 13% year-over-year decrease. Meanwhile, revenues are expected to increase by around 5% from last year to $22.5 billion in the third quarter.
In the second quarter, the Burbank-headquartered company’s adjusted profit decreased to $0.93 per share from $1.08 per share a year earlier. On a reported basis, net income from continuing operations was $1.27 billion or $0.69 per share, compared to $470 million or $0.26 per share in the prior-year period.
Q2 revenues increase 12% annually to $21.8 billion. Both media & entertainment revenue and parks & experiences revenue increased.
Looking for more insights on the earnings results? Click here to access the full transcripts of the latest earnings conference calls!
Most Popular
NKE Q2 Earnings Preview: Can Nike maintain the recovery momentum?
Sneaker giant NIKE, Inc. (NYSE: NKE) entered the fiscal year facing heightened competition and shifting consumer preferences. Its upcoming second-quarter results are expected to reflect these evolving industry dynamics and
Earnings Preview: Conagra Brands’ (CAG) sales and earnings projected to decline in Q2 2026
Shares of Conagra Brands, Inc. (NYSE: CAG) rose 1% on Friday. The stock has dropped 7% in the past three months. The branded food company is slated to report its
Costco (COST) reports strong growth in Q1 FY26 earnings; revenue up 8%
Costco Wholesale Corporation (NASDAQ: COST) has reported an increase in net income for the first quarter of fiscal 2026. Revenues grew 8.3% year-over-year. The Issaquah, Washington-headquartered warehouse giant’s total revenues
