Walt Disney (DIS) Tops Q3 EPS by 11c

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The Walt Disney Company Reports Third Quarter and Nine Months Earnings for Fiscal 2022

August 10, 2022 4:05 PM EDT

BURBANK, Calif.--(BUSINESS WIRE)-- The Walt Disney Company (NYSE: DIS) today reported earnings for its third fiscal quarter ended July 2, 2022.

Revenues for the quarter and nine months grew 26% and 28%, respectively. Diluted earnings per share (EPS) from continuing operations for the quarter increased to $0.77 from $0.50 in the prior-year quarter. Excluding certain items(1), diluted EPS for the quarter increased to $1.09 from $0.80 in the prior-year quarter. Diluted EPS from continuing operations for the nine months ended July 2, 2022 increased to $1.66 from $1.02 in the prior-year period. Excluding certain items(1),... More