Walt Disney (DIS) Tops Q3 EPS by 23c, Revenues Beat; Ended Qtr with ~174M Digital Subs

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The Walt Disney Company Reports Third Quarter and Nine Months Earnings for Fiscal 2021

August 12, 2021 4:05 PM EDT

BURBANK, Calif.--(BUSINESS WIRE)-- The Walt Disney Company (NYSE: DIS) today reported earnings for its third fiscal quarter ended July 3, 2021. Diluted earnings per share (EPS) from continuing operations for the quarter was income of $0.50 compared to a loss of $2.61 in the prior-year quarter. Excluding certain items(1), diluted EPS for the quarter increased to $0.80 from $0.08 in the prior-year quarter. Diluted EPS from continuing operations for the nine months ended July 3, 2021 increased to income of $1.02 compared to a loss of $1.17 in the prior-year period. Excluding certain items(1), diluted EPS for the nine months decreased 14% to $1.91... More