Disney+ Subscribers

ESPN+ Subscribers

Hulu Subscribers

Subscribers

Revenue segments as reported by the company.

Parks, Experiences & Consumer Products

Disney Media and Entertainment Distribution

Entertainment

Sports

Experiences

Eliminations

Contract License Early Termination

Media Networks

Studio Entertainment

DTC & International

Revenue Segments

Gross Profit, Operating Income, and Net Income as a percentage of Revenue

Operating Margin

Profit Margin

Margins

An operating expense is an expense a business incurs through its normal business operations. Often abbreviated as OPEX.

Costs & Expenses

Operating Expenses

Year over year growth in Revenue and Operating Expenses.

Revenue Y/Y

OpEx Y/Y

Growth

Shares outstanding refer to a company's stock currently held by all its shareholders, including share blocks held by institutional investors and restricted shares owned by the company's officers and insiders.

Outstanding Shares

Market Cap

Also known as Price/Sales Ratio. Calculated using Average market cap for the quarter / Annualized quarterly revenue.

Revenue Multiple

Disney

Lucasfilm, is an American film and television production company based in the Letterman Digital Arts Center in San Francisco, California. The studio is best known for creating and producing the Star Wars and Indiana Jones franchises, as well as its leadership in developing special effects, sound and computer animation for film. Lucasfilm was founded by filmmaker George Lucas in 1971 in San Rafael, California; most of the company's operations were moved to San Francisco in 2005. The Walt Disney Company acquired Lucasfilm in 2012 at a valuation of $4.06 billion.

Lucasfilm

ESPN (originally an initialism for Entertainment and Sports Programming Network) is a U.S.-based global cable and satellite sports television channel owned by ESPN Inc., a joint venture owned by The Walt Disney Company (80%) and Hearst Communications (20%). The company was founded in 1979 by Bill Rasmussen along with his son Scott Rasmussen and Ed Egan.

ESPN

The American Broadcasting Company (ABC) is an American commercial broadcast television network that is a flagship property of Disney–ABC Television Group, a subsidiary of the Disney Media Networks division of The Walt Disney Company. The network is headquartered on Columbus Avenue and West 66th Street in Manhattan, New York City. There are additional major offices and production facilities elsewhere in New York City, as well as in Los Angeles and Burbank, California.

Marvel Studios, is a motion picture studio and is a subsidiary of Walt Disney Studios, itself a wholly owned division of The Walt Disney Company, with film producer Kevin Feige serving as president. Previously, the studio was a subsidiary of Marvel Entertainment until Disney reorganized the companies in August 2015.

Marvel Studios

A&E Networks (branded as A+E Networks) is a US media company that owns a group of television channels available via cable & satellite in the U.S. and abroad. A&E stands for Arts & Entertainment. The company is a joint venture with Hearst Communications and Disney–ABC Television Group, a unit of The Walt Disney Company.

A&E Networks

FUSION is a television cable and satellite news and satire channel owned by Fusion Media Group, an American multi-platform media company that is owned by Univision Communications, which relies in part on the resources of its parent company's news division, Noticias Univision. In addition to conventional television distribution, Fusion is also streamed online and on mobile platforms to subscribers of participating cable and satellite providers.

Fusion

Pixar, also referred to as Pixar Animation Studios, is an American computer animation film studio based in Emeryville, California that is a subsidiary of The Walt Disney Company. Pixar began in 1979 as the Graphics Group, part of the Lucasfilm computer division, before its spin-out as a corporation in 1986, with funding by Apple Inc. co-founder Steve Jobs, who became the majority shareholder. Disney purchased Pixar in 2006 at a valuation of $7.4 billion, a transaction that resulted in Jobs becoming Disney's largest single shareholder at the time. Pixar is best known for CGI-animated feature films created with RenderMan, Pixar's own implementation of the industry-standard RenderMan image-rendering application programming interface, used to generate high-quality images.

Pixar

Touchstone Pictures is an American film distribution label of Walt Disney Studios Motion Pictures. Previously, Touchstone operated as an active film production banner of Walt Disney Studios, owned by The Walt Disney Company. Established on February 15, 1984 by then-Disney CEO Ron W. Miller as Touchstone Films, similar to the defunct label Hollywood Pictures, it typically releases films targeted to adult audiences with more mature themes and darker tones than those released under the Disney name. Touchstone Pictures merely serves as a brand and not a distinct business operation, and does not exist as a separate company.

Touchstone Pictures

Hulu (stylized as hulu) is an American subscription video on demand service owned by Hulu LLC, a joint venture with The Walt Disney Company (through Disney Direct-to-Consumer and International)[7] (30%), 21st Century Fox (30%), Comcast (through NBCUniversal) (30%), and as of August 10, 2016, Time Warner (through Turner Broadcasting System) (10%). Through an acquisition announced in December 2017, Disney will acquire Fox's partial ownership, giving it a majority stake when the deal closes.

Hulu

The Walt Disney Co. engages in the business of international family entertainment and media enterprise. It owns and operates television and radio production, distribution and broadcasting stations, direct-to-consumer services, amusement parks, and hotels. It operates through the following business segments: Disney Entertainment, ESPN, and Disney Parks, Experiences, and Products. The company was founded by Walter Elias Disney on October 16, 1923 and is headquartered in Burbank, CA.

Earnings data Q1 2021

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Earnings data Q4 2021

Earnings data Q1 2022

Earnings data Q2 2022

Earnings data Q3 2022

Earnings data Q4 2022

Earnings data Q1 2023

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Earnings data Q3 2023

Earnings data Q4 2023

Earnings data Q1 2024

Earnings data Q2 2024

Earnings data Q3 2024

Earnings data Q4 2024

Disney focuses on streaming growth and cost savings for profitability

Disney's strategic transformation aims to drive sustained growth and profitability through cost savings and a focus on core business segments.
The company's strong performance in key segments, successful content releases, and strategic partnerships position it well for future success.
While facing challenges in restructuring and content distribution, Disney is leveraging opportunities in streaming, brand strength, and content licensing for growth.
Overall, Disney's focus on core brands, content curation, and customer experience enhancement aligns with its vision for future success and profitability.

Disney focuses on streaming profitability and parks growth strategies

Disney is strategically aligning its businesses for sustained growth, focusing on cost-cutting, audience engagement, and profitability in streaming services. The company's strong financial performance, diverse content portfolio, and focus on innovation position it well for future success amidst industry challenges and opportunities.

Disney focuses on DTC growth and strategic partnerships for future

Disney's Q3 earnings call highlighted transformation efforts, strong DTC and Parks performance, and strategic initiatives for growth. Challenges in content sales and linear networks were acknowledged, with opportunities in partnerships and pricing strategies. Company prioritizes liquidity, profitability, and smart capital allocation.

Disney triples Q4 earnings, eyes streaming growth and cost efficiency

Disney's strong financial performance in Q4 and fiscal 2023, driven by growth in streaming and experiences businesses, sets the stage for continued success.
Efforts to streamline operations, reduce costs, and focus on core brands and franchises position Disney for long-term sustainability and growth.
Anticipated investments in experiences business and strategic priorities to transform ESPN into a digital sports platform highlight Disney's commitment to innovation and expansion.
Exploration of partnerships, cost-saving measures, and focus on content quality present avenues for Disney to capitalize on emerging opportunities and navigate challenges effectively.

Disney excels in Q1 with strong financials and strategic focus

Disney's Q1 2024 Earnings Call highlighted strong financial performance, strategic initiatives in digital sports and streaming, and a focus on enhancing content quality and subscriber growth. While facing challenges in a competitive landscape and potential cord-cutting impacts, the company is well-positioned to leverage opportunities in gaming partnerships, direct-to-consumer expansion, and park investments.

Disney reports strong Q2 performance and strategic growth initiatives

Disney's Q2 performance was robust, with strong growth in adjusted EPS and profitability in streaming.
The company is strategically investing in content and cost efficiency while exploring new opportunities.
Challenges include content licensing decisions and replicating partnership success.
Overall, Disney remains focused on growth, shareholder returns, and a balanced content strategy.

Disney reports 2% revenue growth in Q3, streaming success highlighted

Disney's Q3 2024 earnings call highlighted revenue growth driven by park IP and streaming success.
The company faces challenges in managing costs, content spending balance, and maximizing profitability.
Opportunities lie in capitalizing on streaming services, global park demand, and strategic partnerships.
Analysts' inquiries focused on Disney's financial outlook, pricing power, and growth strategies for key segments.

Revenue

Cost of revenue

Gross profit

Operating expenses

SG&A

Other

Operating income

EBITDA

Net income

Earnings per share

Total assets

Current assets

Cash & equivalents

Receivables

Inventory

Non-current assets

Net PPE

Intangibles

Total liabilities

Current liabilities

Short term debt

Income tax payable

Non-current liabilities

Long-term debt

Total equity

Stockholders equity

Minority interest

Total liabilities & equity

Total debt

Net debt

Book value per share

Cash from operations

Funds from operations

Change in working capital

Cash from investing

Capital expenditure

Purchase/sale of investments

Purchase/sale of business

Other sources

Cash from financing

Change in stock

Change in debt

Cash dividends paid

Cash from other sources

Net change in cash

Free cash flow

Disney and Comcast hired investment bank RBC Capital as the independent appraiser to resolve a dispute over how to value the 33% stake in the streaming platform.

Disney may have to pay $5B more for Comcast's Hulu stake to resolve dispute

Disney (NYSE: DIS ) stock is one of today's top trending names for mixed reasons. The family entertainment conglomerate has been volatile since markets opened as both positive and negative headlines trend.

Disney Stock News: 7 Big Reasons Why DIS Stock Is Trending Today

Disney's latest earnings report beat analyst estimates on Wednesday as the House of Mouse said it brought in $23.2 billion in the third quarter.

Disney warns theme park revenue to fall as quarterly profit slips

Disney DIS -4.47%decrease; red down pointing triangle is getting more people out of the house these days. Just not to the right places.

Disney's Blockbusters Can't Smooth Parks' Rough Ride

The Walt Disney Company hosted an earnings call on Wednesday. CFO Hugh Johnston said the company will crackdown on password-sharing in September.

Disney's full crackdown on password-sharing is coming

After Disney (DIS) reported fiscal third-quarter results that beat analysts' estimates, CEO Bob Iger and CFO Hugh Johnson discussed the entertainment giant's streaming business, expectations for consumer demand at its parks, and more on the company's earnings call Wednesday.

4 Key Takeaways From Disney's Earnings Call

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U.S. stock futures are trying to hold on to yesterday's rebound after three straight sessions of bloodbath. Currently, the S&P 500 is up +56 points, the Nasdaq is +233 points, and the Dow is +313 points.

Investors Await Initial Jobless Claims Report

Walt Disney said on Wednesday it may have to pay up to $5 billion more to buy Comcast's minority stake in Hulu, if an appraiser were to agree with Comcast's assessment that the stake should be valued at more than $40 billion.

Disney may have to pay $5 bln more for Comcast's Hulu stake

Walt Disney stock is trading lower despite the entertainment giant's beat-and-raise quarter and announcement of price hikes. Here's what you need to know.

Disney Reports Streaming Profit, Price Hikes to Come

Disney's Experience segment showed some softness in the third-quarter, the entertainment giant announced on Wednesday as it released its latest earnings report.

Disney theme park attendance slumps

Disney stock is flat this year, but the company is becoming more profitable.

Is Disney Stock Too Cheap to Ignore Right Now?

Walt Disney Co (NYSE:DIS) stepped into the earnings confessional this morning, where it reported fiscal third-quarter results.

Disney Stock Lower as Park Demand Slows

Disney's combined streaming businesses turned a quarterly profit for the first time ever. Disney's "Inside Out 2" and "Deadpool & Wolverine" have led the company to become the first studio to top $3 billion in 2024.

In a reversal, Disney's media assets are starting to generate more excitement than its parks

The launch will come after the price increases on Disney-owned streaming services.

ESPN on Disney Plus to Launch in December

Disney reported Wednesday better revenues than anticipated in the most recent quarter, atop a first profit in its streaming business, but its theme parks are coming under pressure.

Disney reports streaming profit but parks under strain

Disney's (DIS) third-quarter fiscal 2024 results reflect growth in Disney+ subscribers and theme park and resort businesses.

Disney (DIS) Q3 Earnings Beat Estimates, Revenues Rise Y/Y

U.S. stocks traded higher this morning, with the Dow Jones index gaining around 1% on Wednesday.

Nasdaq Jumps 250 Points; Disney Earnings Beat Estimates

The headline numbers for Disney (DIS) give insight into how the company performed in the quarter ended June 2024, but it may be worthwhile to compare some of its key metrics to Wall Street estimates and the year-ago actuals.

Disney (DIS) Q3 Earnings: How Key Metrics Compare to Wall Street Estimates

The Walt Disney Co. (DIS) posted better third-quarter results than analysts had expected thanks to the success of movies like "Inside Out 2" and an earlier-than-expected profit for its overall streaming business.

Disney Stock Slips as Low Experiences Demand Outweighs Surprise Streaming Profit

The Walt Disney Company (NYSE:DIS ) Q3 2024 Earnings Conference Call August 7, 2024 8:30 AM ET Company Participants Alexia Quadrani - Investor Relations Robert Iger - Chief Executive Officer Hugh Johnston - Senior Executive Vice President and Chief Financial Officer Conference Call Participants Jessica Reif Ehrlich - Bank of America Benjamin Swinburne - Morgan Stanley Robert Fishman - MoffettNathanson Steven Cahall - Wells Fargo David Karnovsky - JPMorgan John Hodulik - UBS Michael Morris - Guggenheim Bryan Kraft - Deutsche Bank Kannan Venkateshwar - Barclays Operator Good day and welcome to The Walt Disney Company Third Quarter 2024 Financial Results Conference Call. All participants will be in listen-only mode.

The Walt Disney Company (DIS) Q3 2024 Earnings Call Transcript

Disney just made money in streaming for the first time. When Disney started streaming in 2019, Wall Street didn't care about profits — it wanted streamers to grow.

Disney figured it out: You can make money in streaming if you charge more.

Operating income for entertainment segment triples to $1.2bn in profitable third quarter

Disney returns to profit as streaming service and Inside Out 2 boost income

Walt Disney (DIS) came out with quarterly earnings of $1.39 per share, beating the Zacks Consensus Estimate of $1.20 per share. This compares to earnings of $1.03 per share a year ago.

Walt Disney (DIS) Q3 Earnings and Revenues Surpass Estimates

Disney reported weaker-than-expected results for its theme parks division in its latest earnings. It blamed the drop on weakening consumer demand, which it said was likely to continue.

Disney's theme parks are struggling, and it's another warning sign for the economy

Walt Disney Co (NYSE:DIS) shares are expected to open lower despite revenues and earnings rising more than forecast in the past quarter, helped by Inside Out 2 (pictured) becoming the highest-grossing animated cinema release of all time. Revenues from Disney World and Disney Land parks in the US decreased in what was the group's fiscal third quarter, with overall sales from its Experiences division hit by “moderation of consumer demand towards the end of Q3 that exceeded our previous expectations”.

News for Disney Stock (DIS)