---
schema_version: "secwatch.filing_event.v1"
accession: "0001744489-24-000079"
form_type: "8-K"
ticker: "DIS"
cik: "0001744489"
company_name: "Walt Disney Co"
filed_at: "2024-02-07T23:59:59+00:00"
generated_at: "2026-06-06T07:08:02.629367+00:00"
event_type: "earnings"
sentiment: "positive"
materiality_score: 0.85
calibrated_materiality_score: 0.85
confidence: "high"
source: SEC EDGAR
---

# Disney Q1 adj EPS $1.22 beats; raises FY2024 guidance, dividend up 50%

## Summary
- Revenue $23.5B flat YoY; GAAP EPS $1.04 vs $0.70; adjusted EPS $1.22 vs $0.99.
- FY2024 adjusted EPS guided to ~$4.60 (+20% YoY); free cash flow ~$8B.
- Entertainment DTC losses improved ~$300M QoQ; expects streaming profitability in Q4 FY2024.
- Hulu subs +1.2M; Disney+ Core subs -1.3M (price increase); ARPU +$0.14 QoQ.
- New $3B share repurchase target for FY2024; cash dividend raised 50% to $0.45/share.

## SEC filing metadata
- accession: 0001744489-24-000079
- form_type: 8-K
- ticker: DIS
- cik: 0001744489
- company_name: Walt Disney Co
- filed_at: 2024-02-07T23:59:59+00:00
- event_type: earnings
- sentiment: positive
- materiality_score: 0.85
- calibrated_materiality_score: 0.85
- confidence: high
- sec_items: 2.02, 8.01, 9.01
- EDGAR index: https://www.sec.gov/Archives/edgar/data/1744489/000174448924000079/0001744489-24-000079-index.htm
- EDGAR primary document: https://www.sec.gov/Archives/edgar/data/1744489/000174448924000079/dis-20240207.htm

## Machine-readable alternates
- HTML: https://secwatch.observer/filing/0001744489-24-000079
- JSON: https://secwatch.observer/filing/0001744489-24-000079.json
- Plain text: https://secwatch.observer/filing/0001744489-24-000079.txt

## Key facts
- Earnings Releases
  Walt Disney Co reported first quarter ended December 30, 2023 results: revenue $23.5 billion, EPS $1.04.
  - Period: first quarter ended December 30, 2023
  - Revenue: $23.5 billion
  - EPS: $1.04
  - Result: reported results
  source text: THE WALT DISNEY COMPANY REPORTS FIRST QUARTER EARNINGS FOR FISCAL 2024 BURBANK, Calif. – The Walt Disney Company today reported earnings for its first quarter ended December 30, 2023. Financial Results for the Quarter: • Revenues for the quarter were comparable to the prior-year quarter at $23.5 billion. • Diluted earnings per share (EPS) for the quarter increased to $1.04 from $0.70 in the prior-year quarter.
  evidence_url: https://www.sec.gov/Archives/edgar/data/1744489/000174448924000079/0001744489-24-000079-index.htm

This AI-assisted summary is a reading aid. Review the linked SEC EDGAR filing before relying on any specific claim.