Disney EPS beats by $0.45, beats on revenue$Walt Disney
(NYSE:DIS) announced FQ4 earnings results on Thursday, November 12th, after market close.
Disney FQ4 Non-GAAP EPS of -$0.20 beats by $0.45; GAAP EPS of -$0.39 beats by $0.56.
Revenue of $14.71B (-23.1% Y/Y) beats by $610M.
Disney Plus subscribers were 73.7M vs. 65.5M consensus (57.5M in FQ3); ESPN Plus subscribers 10.3M vs. 9.19M consensus (8.5M in FQ3).
Revenue: Media and Networks $7.21B vs. $6.86B consensus, Parks, Experiences & Products $2.58B vs. $2.23B, Studio Entertainment $1.6B vs. $1.98B consensus, Direct-to-Consumer & International $4.85B vs. $4.64B consensus.
There are some entertainment names, that are not only surviving in this challenging economic environment, but thriving in it. $Sony
(NASDAQ:CMCSA), and $Caesars Entertainment Inc
(NASDAQ:CZR) are among those names.
There are more entertainment stocks we can learn about, including $Netflix
, $Genius Brands
, and more.
Discussion: What's your thoughts and concerns on the entertainment industry? Considering all the entertainment stocks, which company do you think will perform significantly better than the others?
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