Disney (DIS) Misses Q2 EPS by 28c, Revenue Beats, Disney+ Has 33.5M Subs.
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The Walt Disney Company Reports Second Quarter and Six Months Earnings for Fiscal 2020
May 5, 2020 4:05 PM EDTÂ
BURBANK, Calif.--(BUSINESS WIRE)-- The Walt Disney Company (NYSE: DIS) today reported earnings for its second fiscal quarter ended March 28, 2020. Diluted earnings per share (EPS) from continuing operations for the quarter decreased 93% to $0.26 from $3.53 in the prior-year quarter. Excluding certain items affecting comparability(1), diluted EPS for the quarter decreased 63% to $0.60 from $1.61 in the prior-year quarter. EPS from continuing operations for the six months ended March 28, 2020 decreased 73% to $1.44 from $5.42 in the prior-year period. Excluding certain items affecting comparability(1), EPS for the six months decreased 38% to $2.14 from $3.45 in the prior-year... More
