Disney stock jumps as earnings, streaming profit, and guidance …

3 days ago · Disney stock (DIS) popped on Thursday after the company reported fiscal fourth quarter earnings per share and revenue that topped Wall Street estimates and its direct-to-consumer business built on recent momentum and swung to a profit.

CouponFollow Extension

8%
OFF

Disney Stock Surges Amid Streaming Profit Beat And Guidance …

1 week from now

3 days ago · Disney stock shot up 8% on Thursday after the entertainment giant reported earnings that beat estimates and surprised investors with guidance that gave a strong outlook …

businessinsider.com

$47
OFF

Disney Rally Into Day 8 On Earnings Beat, Streaming Profit

1 week from now

4 days ago · Disney's DTC streaming business in Q3 posted a profit for the first time with $47 million in operating income, ahead of prior forecasts of achieving profitability in Q4.

investors.com

6%
OFF

Disney's Streaming Profit Powers Q4 Earnings Beat - Quartz

1 week from now

3 days ago · The company’s revenue was up 6% year-over-year to $22.6 billion billion in its fourth quarter, from $21.1 billion. Its earnings per share came to $1.14, beating Wall Street …

qz.com

6%
OFF

Disney Q4 Earnings: Revenue And Profit Beat, Best Film Studio ...

1 week from now

3 days ago · Disney's Q4 revenue rose 6% to $22.57 billion, surpassing estimates. Adjusted EPS of $1.14 exceeded consensus, driving stock gains.

benzinga.com

FAQs about Disney stock jumps as earnings, streaming profit, and guidance … Coupon?

Did Disney's fourth-quarter earnings beat Wall Street's expectations?

Disney’s fourth-quarter adjusted profit beat Wall Street’s expectations, bolstered by strong results from company’s entertainment business and its streaming service. Disney earned $460 million, or 25 cents per share, for the period ended Sept. 28. A year earlier the Burbank, California-based company earned $264 million, or 14 cents per share. ...

Will Disney's combined streaming operations achieve profitability in September 2024?

The company reiterated its expectation that its combined streaming operations will achieve profitability in the September 2024 quarter. Overall, Disney revenue for the quarter ended March 30 was in line with Wall Street expectations, while it beat on adjusted earnings per share. ...

Does Disney expect double digit earnings per share growth in 2025?

Looking ahead, Disney projects high-single-digit growth in adjusted earnings per share for fiscal 2025. The company further anticipates double-digit earnings per share growth for fiscal years 2026 and 2027, reflecting confidence in its long-term strategic initiatives and growth potential across its business segments. ...

Why did Disney's stock rise 8% Thursday?

Disney's stock rose 8% Thursday after upbeat earnings and a rare three-year guidance update. The company beat estimates for revenue and earnings-per-share. The company said it sees single-digit EPS growth next year and double-digit growth in 2026 and 2027. ...

How much money does Disney make a year?

Revenue came in at $22.57 billion, outstripping consensus expectations for $22.47 billion as well as the $21.24 billion reported in the year-ago period. Disney's direct-to-consumer (DTC) streaming business — which includes Disney+, Hulu, and ESPN+ — posted operating income of $321 million for the three months ending Sept. 28. ...

Why did Disney stock pop on Thursday?

Disney stock (DIS) popped on Thursday after the company reported fiscal fourth quarter earnings per share and revenue that topped Wall Street estimates and its direct-to-consumer business built on recent momentum and swung to a profit. ...