earnings
confidence high
sentiment neutral
materiality 0.75
Disney Q3 GAAP net loss of $460M; adjusted EPS $1.03 vs $1.09 YoY
Walt Disney Co
2023-Q3 EPS reported
$1.14
revenue$67,657,000,000
- Revenues $22.33B (+4% YoY); segment operating income $3.56B flat.
- GAAP diluted EPS from cont. ops. loss $0.25 vs income $0.77; adjusted EPS $1.03, down 6%.
- CEO Iger: transformation on track to exceed $5.5B cost savings; DTC op. income improved ~$1B in 3 qtrs.
- Free cash flow $1.64B (up from $187M); nine-month rev. $67.66B (+8%), adj. EPS $2.94 (down 9%).