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

Earnings data Q2 2021

Earnings data Q3 2021

Earnings data Q4 2021

Earnings data Q1 2022

Earnings data Q2 2022

Earnings data Q3 2022

Earnings data Q4 2022

Earnings data Q1 2023

Earnings data Q2 2023

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

Warner Bros Discovery Inc

The deal could help TNT parent Warner Bros. Discovery shore up its position in sports as it faces the possibility of losing NBA rights.

TNT Strikes Deal with ESPN to Share Rights to College Football Playoff

Walt Disney has struck a deal to sell its stake in Tata Play, valuing Indian conglomerate Tata Group's satellite TV provider at about $1 billion, Bloomberg News reported on Wednesday, citing people familiar with the matter.

Disney strikes deal to sell stake in India's Tata Play, Bloomberg News reports

Penn Entertainment

With lower revenue and greater losses, PENN Entertainment's first quarter earnings were a disappointment for investors. However, during the quarter, I believe the company made some positive steps for better management of ESPN Bet. As the stock valuation in terms of the P/S multiple is hovering around the historical bottom, I believe the stock price would show better performance in the coming months.

PENN Entertainment: ESPN Bet Slowly Heading In The Right Direction

Disney stock hasn't traded in the double digits since Feb. 7, but recent weakness finds it approaching the $100 mark. An analyst upgraded the stock this week, but it's not a glowing endorsement.

Should You Buy Disney Stock if It Breaks Below $100?

Lantheus Holdings

Just because the S&P 500 hit a new all-time high doesn't mean all stocks are expensive.

2 Bargain Stocks I Just Bought, Even With the S&P 500 at an All-Time High

Disney stock currently trades at $103 per share, about 49% below its pre-inflation shock high of about $202 seen on March 8, 2021. The sell-off has been driven by several factors.

Can Disney Stock Double To Pre-Inflation Shock Highs Of Over $200?

At this point in the economic cycle, investors are rewarding companies that are getting lean and mean. Disney (NYSE: DIS ) is among the media giants that has been among the most aggressive in terms of cutting costs, with recent Disney layoffs at the company's Pixar division affecting roughly 175 employees at the firm.

Disney Layoffs 2024: What to Know About the Latest Pixar Job Cuts

Approximately 175 people to be affected by layoffs as CEO Bob Iger returns studio's focus exclusively to feature films

Disney's Pixar to cut 14% of workforce as it scales back original streaming content

Disney's Pixar Animation Studios will be cutting 14% of its workforce, multiple outlets reported Tuesday, in what is reportedly the biggest restructuring in its history as the animation studio's parent company works to cut annual spending by billions.

Pixar Laying Off 14% Of Its Workforce As Disney Aggressively Cuts Costs

Around 14% of Disney's Pixar Animation Studio's workforce, or around 175 employees, are being laid off.

Pixar is laying off 14% of its workforce as Disney scales back content

Disney CEO Bob Iger has scaled back spending on original streaming content to lift Disney+ to profitability.

Disney's Pixar cutting nearly 200 jobs, will focus exclusively on feature films, cut streaming series

Pixar Animation Studios on Tuesday began laying off about 14% of its workforce as it scales back development of original streaming series, according to a source familiar with the development.

Pixar Animation to lay off about 14% of workforce

UPDATE: The Pixar Animation Studios cuts we previously told you about months ago are now commencing, we hear. The number of those let go number around 175 or 14% of the staff. This is largely due to the scaling back of direct-to-consumer series.

Pixar Reduces 14% Of Staff Due To Disney Content Spending Cuts – Update

On May 7, 2024, the Anaheim City Council voted unanimously to give final approval for a $1.9 billion, ten-year investment for expansion at the Disneyland Resort, which The Walt Disney Walt Disney Company is calling DisneylandForward. The project has already crossed the starting line with some ideas of what could come to the theme parks and hotels being made known publicly.

DisneylandForward Approved By City Of Anaheim, Launches Disney Into Next Chapter

ANAHEIM, Calif. — Disneyland performers who help bring Mickey Mouse, Cinderella and other beloved characters to life at the Southern California resort chose to unionize following a three-day vote culminating on Saturday.

Disneyland character and parade performers vote to join labor union

Fortis

Universal Insurance Hlds

Wildfires are raging in Western Canada right now. This is a huge reminder that weather has become much more unpredictable due to climate change.

4 Stocks to Sell Before El Nino Batters Your Portfolio

Paramount Global

It's now apparent that the streaming wars are over, and Netflix (NASDAQ: NFLX ) has emerged victorious. One point supporting this is that studios owned by rival streaming firms, such as HBO, are selling significant amounts of content to Netflix.

3 Streaming Stocks to Sell in May Before They Crash & Burn

Twenty-First Century Fox

LOS ANGELES — The sports streaming platform planned by ESPN, Fox and Warner Bros. Discovery finally has a name.

Joint streaming venture involving ESPN, Fox, Warner will be called Venu Sports

Apple

Disney CEO Bob Iger has a message for Apple, Google, and every other tech company that distributes his company's streaming services: He wants a better deal. At least that seems to be what Iger wants from them.

Heads-up, Apple and the rest of Big Tech: Disney wants better app store deals.

In July of 2023, recently returned Disney CEO Bob Iger shocked the media industry by indicating he might be open to divesting the company's declining  linear assets. By last fall, he'd changed his mind, declaring them not for sale.

Disney CEO Bob Iger Says Linear TV Can Be Managed In Decline With “Dramatically” Lower Content Spend

The sports-streaming service set to be launched by Walt Disney Co , Warner Bros Discovery and Fox Corp will be called Venu Sports and is on track for launch this fall, Pete Distad, the venture's CEO, said on Thursday.

Disney, Fox, Warner Bros Discovery sports-streaming venture named Venu Sports

The sports streaming joint venture from Disney, Fox and Warner Bros. Discovery has a name: Venu Sports. The company's name and logo were announced this morning by CEO Pete Distad. The service expects to launch this fall in the U.S.

Disney-Fox-WBD Streaming Joint Venture Gets A Name: Venu Sports

Disney's acquisitions of brands like Marvel initially paid off but have seen diminishing returns as audience interest wanes.

Disney Might Be Cooked This Time

Eli Lilly

Walmart

If you are looking for dividend stocks to buy, you're at the right place; research shows that companies regularly raising payouts, known as “dividend growers,” boast compound annual returns of about 11.7% from 1986 to 2016. Even companies paying dividends but not raising them earned an average of 9.9% per year.

The Dividend Investor's Playbook: 3 Stocks for Consistent Cash Flow in 2024

Advanced Micro Devices

Amazon

General Electric

Riot Blockchain

Uber

If you're on the hunt for stocks to buy this month, look no further. We're close to the end of first-quarter 2024 earnings season, with 92% of S&P 500 companies having reported results.

News for Disney Stock (DIS)