Disney Q4 FY2023: Adj. EPS $0.82 vs $0.30; streaming subs +7M; cost target raised to $7.5B

Walt Disney Co

2023-FY EPS reported $1.29 revenue$88,898,000,000

Revenue $21.2B (+5% YoY); GAAP EPS $0.14, adjusted EPS $0.82.
Disney+ added ~7M core subs in Q4; streaming on track for profitability by Q4 FY24.
Experiences segment op. income +31% YoY; full-year segment revenue $32.5B (+16%).
Cost efficiency target raised to $7.5B from $5.5B; expects FY24 free cash flow near pre-pandemic levels.

item 2.02 item 9.01

Key facts

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Earnings Releases SEC 8-K Item 2.02 confidence 0.95

Walt Disney Co reported financial results for the quarter and year ended September 30, 2023.

Period: the quarter and year ended September 30, 2023
Result: reported results

Exact text from the filing

On November 8, 2023, the Registrant issued a press release relating to its results for the quarter and year ended September 30, 2023.

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Source: SEC EDGAR

accession 0001744489-23-000213

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