Disney (DIS) Q3 Earnings Beat Estimates, Revenues Rise Y/Y

The Walt Disney Company (DIS) reported third-quarter fiscal 2024 adjusted earnings of $1.39 per share, which beat the Zacks Consensus Estimate by 15.8% and increased 35% year over year.Revenues rose 3.7% year over year to $23.15 billion and beat the consensus mark by 1.3%.Segment DetailsMedia and Entertainment Distribution revenues (45.7% of revenues) increased 4.5% year over year to $10.58 billion.Revenues from Linear Networks declined 7.3% year over year to $2.66 billion. Direct-to-Consumer revenues incre ...