Disney (DIS) Misses Q4 EPS by 6c

November 10, 2016 4:16 PM EST
Get Alerts DIS Hot Sheet
Price: $172.42 -1.28%

EPS Growth %: +31.7%

Financial Fact:
Net income: 1.89B

Today's EPS Names:
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Disney (NYSE: DIS) reported Q4 EPS of $1.10, $0.06 worse than the analyst estimate of $1.16. Revenue for the quarter came in at $13.1 billion versus the consensus estimate of $13.52 billion.

“We’re very pleased with our performance for the year, delivering the highest revenue, net income and earnings per share in Disney’s history,” said Robert A. Iger, Chairman and Chief Executive Officer, The Walt Disney Company. “Fiscal 2016 was our sixth consecutive year of record results, highlighted by the opening of Shanghai Disney Resort, the phenomenally successful return of Star Wars, and our Studio’s record-breaking $7.5 billion in total box office. We remain confident that Disney will continue to deliver strong growth over the long-term as we further strengthen our brands and franchises, our technological capabilities, and our international presence.”

The following table summarizes the fourth quarter and full year results for fiscal 2016 and 2015 (in millions, except per share amounts):

Quarter Ended Year Ended
October 1,2016 Oct. 3, 2015 Change October 1,2016 October 3,2015 Change
Revenues $13,142 $13,512 (3)% $55,632 $52,465 6%
Segment operating income(1) $3,176 $3,534 (10)% $15,721 $14,681 7%
Net income(2) $1,771 $1,609 10% $9,391 $8,382 12%
Diluted EPS(2) $1.10 $0.95 16% $5.73 $4.90 17%

EPS excluding certain items affecting comparability(1)

$1.10 $1.20 (8)% $5.72 $5.15 11%
Cash provided by operations $3,827 $3,328 15% $13,213 $10,909 21%
Free cash flow(1) $2,745 $2,124 29% $8,440 $6,644 27%

(1) EPS excluding items affecting comparability, segment operating income and free cash flow are non-GAAP financial measures. See the discussion on pages 8 through 10.(2) Reflects amounts attributable to shareholders of The Walt Disney Company, i.e. after deduction of noncontrolling interests.

For earnings history and earnings-related data on Disney (DIS) click here.

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