Disney’s Earnings Outlook Rises as Streaming Unit Posts Gains

After years of investing heavily in streaming, the company’s direct-to-consumer business swung to a profit of $321 million in the September quarter from a loss of $387 million a year earlier ...

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Disney’s Earnings Outlook Rises As Streaming Unit Posts Gains

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After years of investing heavily in streaming, the company’s direct-to-consumer business swung to a profit of $321 million in the September quarter from a loss of $387 million a year earlier ...

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Disney Stock Rallies With Major Streaming Profitability In Sight

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3 days ago · Topline. Disney expects a more than $1 billion profit in its streaming division for its 2025 fiscal year, the company said Thursday in its quarterly earnings release, much to the …

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

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3 days ago · Disney's Q4 revenue grew 6% to $22.57B, beating estimates. DTC revenue up 15%, sports flat, parks up 1%. Outlook: high-single-digit EPS growth by 2025.

benzinga.com

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Disney Profit Beats Expectations As Movies, Streaming Post Gains

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3 days ago · Earnings-per-share, excluding some items, rose to $1.14, beating the $1.10 average of analysts’ estimates compiled by Bloomberg. The company forecast high-single-digit growth …

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Disney Stock Jumps As Earnings, Streaming Profit, And Guidance …

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3 days ago · The media and experiences giant reported Q4 adjusted earnings of $1.14 per share, above the $1.10 expected by analysts polled by Bloomberg and higher than the $0.82 Disney …

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Disney Stock Rises As Streaming Profit, Experiences Revenue Grow

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3 days ago · After accounting for about $1.5 billion in one-time charges like restructuring costs, Disney's adjusted earnings per share (EPS) came in at $1.14, just above estimates of $1.11. …

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Disney Q4 2024 Earnings: Deadpool And Streaming Lead Growth

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3 days ago · Income was $948 million, down 6 percent from a year ago, while diluted earnings per share (EPS) was $0.25, compared to $0.14 a year ago. The growth was driven by …

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Disney Earnings: Streaming Strength And Outlook Underpin …

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3 days ago · For the full fiscal year, Disney’s revenue was up 3%, but its operating profit jumped 21%, mostly because the streaming business is no longer the huge drag it was through last …

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Disney's Comeback: Stock Surges Nearly 10% With Streaming …

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3 days ago · Disney’s Earnings Outlook Rises as Streaming Unit Posts Gains. Disney offered a bullish earnings outlook for the coming years and its streaming business showed healthy …

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Disney Q3 2024 Earnings: Streaming Profit, Inside Out 2 Lift Results

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Aug 7, 2024 · Meanwhile, Disney’s TV business, excluding ESPN, continued to decline. Total revenue for the quarter increased 4%, to $23.16 billion, and operating income shot up 19% to …

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Disney Earnings: Streaming Unit Turns First Profit While Parks …

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Aug 7, 2024 · Overall, the company reported Q3 adjusted earnings of $1.39 per share, above the $1.19 analysts polled by Bloomberg had expected and higher than the $1.03 Disney reported …

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FAQs about Disney’s Earnings Outlook Rises as Streaming Unit Posts Gains Coupon?

Why did Disney give investors a rare three-year financial outlook?

Disney did something extraordinary Thursday, giving investors a rare three-year financial outlook, even at a time of economic uncertainty. The company said that it has deep faith its investments in its massive park expansions, movie pipeline and even its linear television assets will pay off. ...

Why did Disney+ ad revenue drop 3%?

Analysts had expected subscribers to remain roughly flat. Average revenue per user, or ARPU, fell 3% to $7.74 for domestic Disney+ users despite recent price hikes and a crackdown on password sharing. On the earnings call, Disney CFO Hugh Johnston said increased bundling and shifts to the ad tier have impacted the metric. ...

Does Disney expect operating income to grow in fiscal 2025?

Disney expects operating income in the Experiences division to grow by 6% to 8% in fiscal 2025, with most of that growth coming during the second half of the year. ...

Will Disney+ & ESPN+ be profitable in fiscal Q4?

Looking ahead, the company expects results for the streaming businesses to improve in fiscal Q4, with both Entertainment DTC and ESPN+ forecast to be profitable in the current quarter. The media conglom anticipates Disney+ Core subscribers will “grow modestly” in fiscal Q4, ahead of an October price hike across nearly all U.S. streaming plans. ...

Are Disney shares exploding higher in premarket trading?

Shares of Disney (DIS) are exploding higher – up 9% in premarket trading. Net income shot up 74% in the quarter to $460 million, or 25 cents a share, bring its full fiscal year earnings in just shy of $5 billion. ...

How did Disney perform in fiscal 3rd quarter?

In Disney's fiscal third quarter, its direct-to-consumer (DTC) streaming business, which includes Disney+, Hulu, and ESPN+, posted operating income of $47 million, compared to a loss of $512 million in the prior-year period. The company had previously expected to achieve total streaming profitability by the current quarter. ...