By clicking “Sign Up”, you accept our Terms of Service and Privacy Policy . You can opt-out at any time by visiting our Preferences page or by clicking "unsubscribe" at the bottom of the email.Access your favorite topics in a personalized feed while you're on the go. download the appSign up to get the inside scoop on today’s biggest stories in markets, tech, and business — delivered daily. Read previewStreaming used to be a money pit for Disney. Not anymore.The media giant says it made money selling service ...

Walt Disney (DIS) came out with quarterly earnings of $1.39 per share, beating the Zacks Consensus Estimate of $1.20 per share. This compares to earnings of $1.03 per share a year ago. These figures are adjusted for non-recurring items.This quarterly report represents an earnings surprise of 15.83%. A quarter ago, it was expected that this entertainment company would post earnings of $1.12 per share when it actually produced earnings of $1.21, delivering a surprise of 8.04%.Over the last four quarters, the ...

Disney reported weaker-than-expected results for its theme parks division in its latest earnings.It blamed the drop on weakening consumer demand, which it said was likely to continue.Americans are reigning in spending after being hammered by inflation, forcing companies to adapt. Sign up to get the inside scoop on today’s biggest stories in markets, tech, and business — delivered daily. Read preview Thanks for signing up! Go to newsletter preferences Thanks for signing up! Access your favorite top ...

Disney+ streaming service posts first profit. (Photo by Charley Gallay/Getty Images for Disney)Getty Images for DisneyKey Takeaways Stocks Move 1% Or More For 5th Day In A Row Disney Streaming Service Posts Profit Volatility Remains Elevated But Down SubstantiallyIt's been quite a week and it's only Wednesday. After significant drops across the board on Monday, stocks regained some ground on Tuesday. The S&P 500, Nasdaq Composite and Russell 2000 were all up around 1% for the day. The Dow Jones Industrial A ...

About this content About Oliver Haill Oliver has been writing about companies and markets since the early 2000s, cutting his teeth as a financial journalist at Growth Company Investor with a focusing on AIM companies and small caps, before a few years later becoming a section editor and then head of research. He joined Proactive after a couple of years freelancing, where he worked for the Financial Times Group, ITV, Press Association, Reuters sports desk, the London Olympic News Service, Rugby World Cup ...

Disney and NBCUniversal are locked in a dispute about how much the former must pay the latter for absorbing the rest of Hulu. Disney late last year paid Comcast’s NBCU a previously agreed upon floor price of $8.6 billion and both sides had their own bankers calculating how much more, if any, was owed. Not surprisingly, their numbers diverged. Disney’s camp figured it was in the clear, NBCU’s that another $5 billion was due. As provided for in the initial contract, the dispute was handed to a third party, ...

UNITED STATES SECURITIES AND EXCHANGE COMMISSION Washington, D.C. 20549 FORM 10-Q ☒ QUARTERLY REPORT PURSUANT TO SECTION 13 OR 15(d) OF THE SECURITIES EXCHANGE ACT OF 1934 For the quarterly period ended June 29, 2024 or ☐ TRANSITION REPORT PURSUANT TO SECTION 13 OR 15(d) OF THE SECURITIES EXCHANGE ACT OF 1934 For the transition period from __________ to __________. Commission File Number 001-38842 Delaware 83-0940635 State or Other Jurisdiction of I.R.S. Employer Identification Incorporation or Organization ...

FOR IMMEDIATE RELEASE Exhibit 99.1 August 7, 2024 THE WALT DISNEY COMPANY REPORTS THIRD QUARTER AND NINE MONTHS EARNINGS FOR FISCAL 2024 BURBANK, Calif. – The Walt Disney Company today reported earnings for its third quarter ended June 29, 2024. Financial Results for the Quarter: • Revenues for the quarter increased to $23.2 billion from $22.3 billion in the prior-year quarter. • Income (loss) before income taxes improved to income of $3.1 billion in the current quarter from a loss of $0.1 billion in the pr ...

Disney beat its own timeframe to reach streaming profits in an upbeat June quarter that also saw a big contribution from Inside Out 2. For well over a year, the company’s promised a streaming swing to the black in the 2024 fiscal fourth quarter but nailed it earlier, reporting $47 million in DTC operating income in Q3 (vs a $512 million loss the year before).   Disney+ and Hulu actually lost $19 million (on $5.8 billion in revenue) but that was more than offset by ESPN+. Disney+ and Hulu should turn profit ...

The "Partners" statue of Walt Disney and Mickey Mouse, at Cinderella Castle at the Magic Kingdom, at Walt Disney World, in Lake Buena Vista, Florida, photographed Saturday, June 3, 2023. Disney reports earnings before the bell, and Wall Street will be paying close attention to the ongoing turnaround of the company since Bob Iger returned as CEO in 2022 — particularly the results for the company's streaming and theme parks businesses. Here is what Wall Street expects Disney to report, according to LSEG: Earn ...