earnings
confidence high
sentiment neutral
materiality 0.70
Disney Q1 revenue up 8% to $23.5B; adjusted EPS falls 7% to $0.99; free cash flow -$2.16B
Walt Disney Co
2023-Q1 EPS reported
$0.70
revenue$23,512,000,000
- Revenues $23.5B (+8% YoY); GAAP diluted EPS $0.70 (+11% vs $0.63).
- Adjusted diluted EPS (ex-certain items) $0.99, down from $1.06 (-7%).
- Segment operating income $3.04B, down 7% year-over-year.
- Free cash flow -$2.16B vs -$1.19B prior year, an 81% decline.
- CEO Iger announces transformation focused on cost reduction and streaming profitability.