Disney: Fiscal Q2 Earnings Snapshot
By AP News
Published - May 10, 2023, 04:28 PM ET
Last Updated - Jun 21, 2023, 08:56 PM EDT
BURBANK, Calif. (AP) — BURBANK, Calif. (AP) — The Walt Disney Co. (DIS) on Wednesday reported fiscal second-quarter profit of $1.27 billion.
On a per-share basis, the Burbank, California-based company said it had net income of 69 cents. Earnings, adjusted for non-recurring costs, were 93 cents per share.
The results beat Wall Street expectations. The average estimate of seven analysts surveyed by Zacks Investment Research was for earnings of 89 cents per share.
The entertainment company posted revenue of $21.82 billion in the period, which met Street forecasts.
