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Disney Q2 Results Top Estimates

By RTTNews Staff Writer   ✉  | Published:  | Google News Follow Us  | Join Us
rttnewslogo20mar2024

Walt Disney Co. (DIS) reported net income for the second quarter of $1.51 billion or $0.83 per share, compared to $1.14 billion or $0.63 per share for the year-ago quarter.

Excluding items, adjusted earnings for the second quarter increased 36% to $0.79 per share from $0.58 per share in the prior year quarter.

Revenue for the second quarter rose 10% to $10.55 billion from $9.63 billion in the same quarter last year.

Analysts polled by Thomson Reuters expected the company to earn $0.76 per share on revenue of $10.48 billion for the second quarter. Analysts' estimates typically exclude special items.

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