Disney (DIS) Tops Q2 EPS by 9c, Revenue Falls Short
Disney (NYSE: DIS) reported Q2 EPS of $1.50, $0.09 better than the analyst estimate of $1.41. Revenue for the quarter came in at $13.3 billion versus the consensus estimate of $13.45 billion.
SEGMENT RESULTS
The following table summarizes the second quarter and six-month segment operating results for fiscal 2017 and 2016 (in millions):
| Quarter Ended | Six Months Ended | ||||||||||||||||||||||
| April 1, | April 2, | April 1, | April 2, | ||||||||||||||||||||
| 2017 | 2016 | Change | 2017 | 2016 | Change | ||||||||||||||||||
| Revenues: | |||||||||||||||||||||||
| Media Networks | $ | 5,946 | $ | 5,793 | 3 | % | $ | 12,179 | $ | 12,125 | -- | % | |||||||||||
| Parks and Resorts | 4,299 | 3,928 | 9 | % | 8,854 | 8,209 | 8 | % | |||||||||||||||
| Studio Entertainment | 2,034 | 2,062 | (1 | )% | 4,554 | 4,783 | (5 | )% | |||||||||||||||
| Consumer Products & Interactive Media | 1,057 | 1,186 | (11 | )% | 2,533 | 3,096 | (18 | )% | |||||||||||||||
| $ | 13,336 | $ | 12,969 | 3 | % | $ | 28,120 | $ | 28,213 | -- | % | ||||||||||||
| Segment operating income: | |||||||||||||||||||||||
| Media Networks | $ | 2,223 | $ | 2,299 | (3 | )% | $ | 3,585 | $ | 3,711 | (3 | )% | |||||||||||
| Parks and Resorts | 750 | 624 | 20 | % | 1,860 | 1,605 | 16 | % | |||||||||||||||
| Studio Entertainment | 656 | 542 | 21 | % | 1,498 | 1,556 | (4 | )% | |||||||||||||||
| Consumer Products & Interactive Media | 367 | 357 | 3 | % | 1,009 | 1,217 | (17 | )% | |||||||||||||||
| $ | 3,996 | $ | 3,822 | 5 | % | $ | 7,952 | $ | 8,089 | (2 | )% | ||||||||||||
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For earnings history and earnings-related data on Disney (DIS) click here.