Disney (DIS) Tops Q1 EPS by 18c
Disney (NYSE: DIS) reported Q1 EPS of $1.63, $0.18 better than the analyst estimate of $1.45. Revenue for the quarter came in at $15.2 billion versus the consensus estimate of $14.75 billion.
“Driven by the phenomenal success of Star Wars, we delivered the highest quarterly earnings in the history of our Company, marking our 10th consecutive quarter of double-digit EPS growth,” said Robert A. Iger, Chairman and Chief Executive Officer, The Walt Disney Company. “We’re very pleased with our results, which continue to validate our strategic focus and investments in brands and franchises to drive long-term growth across the entire Company.”
The following table summarizes the first quarter segment operating results for fiscal 2016 and 2015 (in millions):
| Quarter Ended | ||||||||||
| January 2,2016 | December 27,2014 | Change | ||||||||
| Revenues: | ||||||||||
| Media Networks | $ | 6,332 | $ | 5,860 | 8 % | |||||
| Parks and Resorts | 4,281 | 3,910 | 9 % | |||||||
| Studio Entertainment | 2,721 | 1,858 | 46 % | |||||||
| Consumer Products & Interactive Media | 1,910 | 1,763 | 8 % | |||||||
| $ | 15,244 | $ | 13,391 | 14 % | ||||||
| Segment operating income: | ||||||||||
| Media Networks | $ | 1,412 | $ | 1,495 | (6)% | |||||
| Parks and Resorts | 981 | 805 | 22 % | |||||||
| Studio Entertainment | 1,014 | 544 | 86 % | |||||||
| Consumer Products & Interactive Media | 860 | 701 | 23 % | |||||||
| $ | 4,267 | $ | 3,545 | 20 % | ||||||
| | ||||||||||
For earnings history and earnings-related data on Disney (DIS) click here.