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Disney (DIS) Q3 Earnings Beat Estimates, Revenues Rise Y/Y
DisneyDisney(US:DIS) ZACKS·2024-08-07 22:40

The Walt Disney Company (DIS) reported third-quarter fiscal 2024 adjusted earnings of 1.39pershare,whichbeattheZacksConsensusEstimateby15.81.39 per share, which beat the Zacks Consensus Estimate by 15.8% and increased 35% year over year.Revenues rose 3.7% year over year to 23.15 billion and beat the consensus mark by 1.3%.Segment DetailsMedia and Entertainment Distribution revenues (45.7% of revenues) increased 4.5% year over year to 10.58billion.RevenuesfromLinearNetworksdeclined7.310.58 billion.Revenues from Linear Networks declined 7.3% year over year to 2.66 billion. Direct-to-Consumer revenues incre ...