earnings
confidence high
sentiment positive
materiality 0.85
Disney Q3 revenue $23.2B (+4% YoY); adj EPS $1.39 vs $1.03; streaming turns profitable one quarter early
Walt Disney Co
2024-Q3 EPS reported
$2.46
revenue$68,787,000,000
- Diluted EPS $1.43 (prior-year loss $0.25); adjusted EPS $1.39 (+35% YoY).
- Entertainment segment operating income nearly tripled; DTC streaming achieved first positive profitability.
- Inside Out 2 drove strong outperformance; original film drove 1.3M Disney+ sign-ups.
- ESPN ad revenue +17% YoY; Sports segment operating income -6% due to Star India decline.
- Experiences revenue +2%, op income -3%; consumer demand moderation exceeded expectations in late Q3.