The Walt Disney Company shared in their Q1 2024 earnings report that their overall revenue was $23.55 billion, earning $1.04 per share. The Walt Disney Company Q1 2024 Earnings This is a slight increase from Q1 2023, when Disney saw earnings of 99 cents per share on $23.51 billion in revenue. Estimated revenue for this … Read more
Disney is expecting the domestic Disney Parks (Disneyland Resort and Walt Disney World Resort) to have a lower Q3 2023 revenue than in Q3 2022. The reasons Disney gave for the revenue being lower were due to the new Cast Member contract and the end of the 50th Anniversary celebration at Walt Disney World. The … Read more
Disney Parks, Experiences and Products reports $7.78 billion in revenue during the second quarter of 2023, which ran from early January to late March. During this time, the Disney 100 Years of Wonder celebration kicked off at Disneyland Resort and began at Walt Disney World Resort. With the celebration came the debut of “Wondrous Journeys” … Read more
The Walt Disney Company announced during Wednesday’s earnings call that they made approximately $21.8 billion in revenue during the second quarter of 2023. Their adjusted earnings per share (EPS) was $0.93, a decrease from $1.08 in last year’s quarter. Disney’s second fiscal quarter ran from January 1 to April 1, 2023. “We’re pleased with our … Read more
The Walt Disney Company has announced the date for their Q2 2023 earnings call. Disney Earnings Call The call will take place on Wednesday, May 10, at 4:30 p.m. ET / 1:30 p.m. PT via a live audio webcast. The Q2 earnings report will be released after the close of regular trading that day (4:00 … Read more
According to a recent report by Deadline, the Walt Disney Company is set to begin a series of company-wide layoffs next week ahead of their April 3 virtual shareholders meeting. Just last week, executives at The Walt Disney Company were asked by CEO Bob Iger to identify thousands of potential layoff candidates in an effort … Read more
Today, The Walt Disney Company reported a revenue of $23.51 billion in the first fiscal quarter of 2023, which is up 8% from previously. Revenue was expected to be about $23.33 billion, 7% higher from the prior year’s quarter, so Disney just barely surpassed expectations. The adjusted earnings per share was 99 cents. The Walt … Read more
Yesterday, The Walt Disney Company reported on their Q4 earnings [$DIS], and although they “reported record sales and its best revenue growth in more than 25 years,” that wasn’t enough to keep Wall Street and investors happy. The stock has slid more than 11% on today’s opening bell. To date, Disney stock is down 35.5% … Read more
For the second time this year, stock for The Walt Disney Company ($DIS) has closed at under $100 per share. The stock price dropped to $100 in late May. In June, it dropped to $95.51. As of 4:38 p.m. today, November 8, the stock price was $99.90. This price is near the 52-week low of $90.23. … Read more
The Walt Disney Company has announced that the earnings call to discuss the 2022 third quarter results will be held on August 10. The webcast will stream from the company website at 4:30 p.m. ET. Stay tuned to WDWNT for the Q3 results and any news from that day. This will include revenue results from … Read more
We bring you a lot of stories every single day. Sometimes it’s hard to keep up. So in case you missed anything from our feed, we have rounded up all our stories in one place to get the news at a glance. Here is your Daily Recap for Wednesday, May 11, 2022. Walt Disney World Magic … Read more
The Walt Disney Company announced during today’s earnings report that their revenue in the second quarter of 2022 was approximately $19.2 billion. The company’s total revenue in the first quarter was $21.82 billion, which exceeded expectations. The Parks, Products and Experiences division produced $6.7 billion of that revenue, while the still-unprofitable Disney+ exceeded analysts’ expectations … Read more
Disney+ net 7.9 million new subscribers in Q2 2022, exceeding analysts’ predictions. After a slow Q4 in 2021 and a poor showing from direct competitor Netflix in Q1 2022, nerves were soothed a little by the 11.8 million new subscribers last quarter (61% more than analysts predicted). As we learned from the Q2 earnings report … Read more
We bring you a lot of stories every single day. Sometimes it’s hard to keep up. So in case you missed anything from our feed, we have rounded up all our stories in one place to get the news at a glance. Here is your Daily Recap for Wednesday, February 9, 2022. Walt Disney World Magic … Read more
Contrary to how Disney stock dropped last month after Netflix announced mediocre subscriber growth in their Q1 report, $DIS has skyrocketed in the after-hours as their report went live. With profits exceeding expectations and Disney+ adding 11.8 million subscribers last quarter, investors were clearly happy with the results. Stock has risen by over 11% since … Read more
During today’s 2022 Q1 earnings call, Disney noted that the capacity of both Walt Disney World and Disneyland is still limited, but rather than due to COVID-19 safety measure constraints, it is now due to staff shortages. Specifically, it was noted that Food & Beverage departments are suffering shortages, particularly for short-order cooks. Reduced entertainment … Read more