قالب وردپرس درنا توس
Home / Business / Disney Tops Quarterly Profits and Income Expectations at Investing.com

Disney Tops Quarterly Profits and Income Expectations at Investing.com



© Reuters.

Investing.com – Walt Disney (NYSE 🙂 reported fiscal second quarter that beat analysts' expectations after Wednesday's. The results were helped by strength in their theme park activities and an increase in direct consumer income.

The company reported earnings per share of $ 1.61 on revenue of $ 14.92 billion. Analysts asked by Investing.com forecast EPS of $ 1

.57 on revenue of $ 14.48 billion.

The theme park revenue increased by 5% to $ 6.2 billion. Operating revenues in this segment increased by 15% to $ 1.5 billion.

Direct Income and International Revenue – a segment that includes streaming services such as ESPN + and Hulu – rose 15% from the previous year to $ 955 million, although

Walt Disney shares initially achieved more than 1 % in the post-trade after the report.

The stock has jumped sharply since the company released details in April of the Disney + streaming service, which launches later this year. Stocks have risen more than 17% in the past month.

Keep up-to-date with all upcoming earnings reports by going to Investing.com's Income Calendar

Disclaimer: Fusion Media would like to remind you that the data on this website is not necessarily real-time or accurate. All CFDs (stocks, indexes, futures) and Forex prices are not provided by stock exchanges, but rather by market makers, and therefore prices cannot be accurate and may differ from actual market prices, meaning prices are indicative and not appropriate for trading. Therefore, Fusion Media has no responsibility for any trading loss you may incur as a result of using this data.

Fusion Media or anyone involved in Fusion Media will not be liable for any loss or damage resulting therefrom. of trust in the information, including data, quotes, charts and buy / sell signals found on this website. Be well informed about the risks and costs associated with trading in the financial markets, which is one of the most risky forms of investment.


Source link