Disney stock falls: Sees softening demand in experiences segment
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The Walt Disney Company Executives Share Commentary on Fiscal Third Quarter 2024 Financial Results
August 7, 2024 7:01 AM EDTBURBANK, Calif.--(BUSINESS WIRE)-- The Walt Disney Company (NYSE: DIS) posted prepared executive commentary from Chief Executive Officer Robert A. Iger and Chief Financial Officer Hugh F. Johnston, along with its earnings release and Form 10-Q, regarding its fiscal third quarter 2024... More
The Walt Disney Company Reports Third Quarter and Nine Months Earnings for Fiscal 2024
August 7, 2024 6:50 AM EDTBURBANK, Calif.--(BUSINESS WIRE)-- The Walt Disney Company (NYSE: DIS) today reported earnings for its third quarter ended June 29, 2024.
Financial Results for the Quarter:
Revenues for the quarter increased to $23.2 billion from $22.3 billion in the prior-year quarter. Income (loss) before income taxes improved to income of $3.1 billion in the current quarter from a loss of $0.1 billion in the prior-year quarter. Diluted earnings per share (EPS) was $1.43 for the current quarter compared to a loss of $0.25 in the prior-year... More