The Walt Disney Company Reports Third Quarter and Nine Months Earnings for Fiscal 2020

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Disney (DIS) Extends Gain, Up 10%

August 5, 2020 9:49 AM EDT

Disney (NYSE: DIS) Extends Gain, Up 10%

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Disney (DIS) Tops Q3 EPS, Revenues Miss

August 4, 2020 4:08 PM EDT

Disney (NYSE: DIS) reported Q3 EPS of $0.08, $0.72 better than the analyst estimate of ($0.64). Revenue for the quarter came in at $11.78 billion versus the consensus estimate of $12.39 billion.

Diluted earnings per share (EPS) from continuing operations for the quarter was a loss of $2.61 compared to income of $0.79 in the prior-year quarter. Excluding certain items affecting comparability(1), diluted EPS for the quarter decreased 94% to $0.08 from $1.34 in the prior-year quarter. EPS from continuing... More