Sir Robin Of Camelot
You seem angry. Miserable, even.
I’m betting he’ll never read all that.fourth-quarter fiscal 2024 adjusted earnings of $1.14 per share, which beat the Zacks Consensus Estimate by 4.59% and increased 39% year over year.
Revenues rose 6.3% year over year to $22.5 billion and missed the consensus mark by 0.9%.
Segment Details
Media and Entertainment Distribution revenues (48% of revenues) increased 13.7% year over year to $10.82 billion.
Revenues from Linear Networks declined 6.4% year over year to $2.46 billion. Direct-to-Consumer revenues increased 14.8% year over year to $5.78 billion. Content Sales/Licensing and Other revenues grew 39% year over year to $2.58 billion.
Parks, Experiences and Products revenues (36.5% of revenues) rose 1% year over year to $8.24 billion. Domestic revenues were $5.52 billion, up 2.5% year over year. International revenues decreased 4.9% year over year to $1.58 billion in the reported quarter.
Meanwhile, revenues from Disney’s Consumer Products increased 2.3% year over year to $1.13 billion.
The Walt Disney Company Price, Consensus and EPS Surprise
The Walt Disney Company Price, Consensus and EPS Surprise
The Walt Disney Company price-consensus-eps-surprise-chart | The Walt Disney Company Quote
Subscriber Details
Disney+, as of Sept. 28, 2024, had 122.7 million paid subscribers compared with 118.3 million as of June 29, 2024.
Domestic Disney+ average monthly revenue per paid subscriber decreased from $7.74 to $7.70 due to a higher mix of subscribers to ad-supported and wholesale offerings, partially offset by higher advertising revenues.