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Stocks A to Z / Stocks D / The Walt Disney Company (DIS)
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Author: tecmo   😊 😞
Number: of 70 
Subject: Earnings : FEB 2024
Date: 02/08/2024 11:10 AM
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https://www.cnbc.com/2024/02/07/disney-dis-earning...

Details
* Earnings per share: $1.22 adjusted vs. 99 cents expected
* Revenue: $23.55 billion vs. $23.64 billion expected

Nice to see margins improve - on the path to $6.00 EPS which is what I think the business is capable of (they are forecasting $4.60 this year).

On the top line side, more needs to be done;

Entertainment : $9.98B  -7%
Experiences : $9.13B +7%
DTC : $5.55B +15%
------
$24.66B

Note: Not clear why these numbers don't match the $23.55 number above - will need to do some digging.


It might take a while for the Entertainment sector to stop the bleeding...


tecmo
...
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