secwatch.observer — SEC 8-K summary
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Issuer:     Walt Disney Co (DIS)
CIK:        0001744489
Form:       8-K
Filed at:   2024-02-07T23:59:59+00:00
Accession:  0001744489-24-000079
Event type: earnings
Sentiment:  positive
Materiality: 0.85
Item codes: 2.02, 8.01, 9.01
LLM model:  deepseek-v4-flash:cloud@v2

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

Source:
  EDGAR index:    https://www.sec.gov/Archives/edgar/data/1744489/000174448924000079/0001744489-24-000079-index.htm
  Primary doc:    https://www.sec.gov/Archives/edgar/data/1744489/000174448924000079/dis-20240207.htm
  HTML page:      https://secwatch.observer/filing/0001744489-24-000079

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