Disney (DIS) reported quarterly results after the bell on Wednesday that showed a beat on both the top and bottom lines as demand for the company’s theme parks soared during the holiday period.
După cum era de așteptat, abonații Disney+ au înregistrat o ușoară scădere în primul trimestru din cauza absenței turneului de cricket din Premier League din India pe marca sa indiană, Disney+ Hotstar.
Pierderile din flux s-au redus la 1.1 miliarde de dolari în primul trimestru, față de o pierdere de 1 miliarde de dolari în al patrulea trimestru – înaintea indicațiilor anterioare ale companiei, deoarece Nivelul Disney susținut de anunțuri și creșteri recente de preț a ajutat la reducerea pierderilor.
Wednesday’s upbeat results served as the company’s first earnings report since Revenirea directorului general Bob Iger în companie în noiembrie. Shares of Disney were up as much as 3% following this news.
Here are Disney’s first quarter results compared to Wall Street’s consensus estimates, as compiled by Bloomberg:
Venituri: 23.51 miliarde dolari față de 23.4 miliarde dolari așteptate
Adj. câștiguri pe acțiune (EPS): 0.99 USD față de 0.75 USD așteptat
Disney+ total subscribers: 161.8 milioane față de 164 milioane așteptate
Parks, experience, and consumer products revenue: 8.74 miliarde dolari față de 8.08 miliarde dolari așteptate
“After a solid first quarter, we are embarking on a significant transformation, one that will maximize the potential of our world-class creative teams and our unparalleled brands and franchises,” Disney CEO Bob Iger said in the earnings release.
“We believe the work we are doing to reshape our company around creativity, while reducing expenses, will lead to sustained growth and profitability for our streaming business, better position us to weather future disruption and global economic challenges, and deliver value for our shareholders.”
On the parks side of the business, operating income soared to $3.05 billion. The upswing comes after the theme parks division așteptări ratate in Q4 as recession fears pressured the consumer.
Last month, Disney announced long-awaited updates to its parks reservation system and annual passholder program following intense backlash from consumers over lengthy wait times and sky-high ticket prices.
Disney faced a rough 2022 as shares slid about 45%, marking the worst annual stock performance for the company since 1974. The stock is up more than 20% year-to-date heading into earnings.
Alexandra este reporter senior de divertisment și media la Yahoo Finance. Urmărește-o pe Twitter @ alliecanal8193 și e-mail-i la [e-mail protejat]
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Source: https://finance.yahoo.com/news/disney-stock-rises-after-streaming-losses-narrow-in-first-quarter-211256179.html