Walt Disney (DIS) Misses Q2 EPS by 2c

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The Walt Disney Company Reports Second Quarter and Six Months Earnings for Fiscal 2023

May 10, 2023 4:05 PM EDT

BURBANK, Calif.--(BUSINESS WIRE)-- The Walt Disney Company (NYSE: DIS) today reported earnings for its second quarter ended April 1, 2023.

Revenues for the quarter and six months grew 13% and 10%, respectively. Diluted earnings per share (EPS) from continuing operations for the quarter increased to $0.69 from $0.26 in the prior-year quarter. Excluding certain items(1), diluted EPS for the quarter decreased to $0.93 from $1.08 in the prior-year quarter. EPS from continuing operations for the six months ended April 1, 2023 increased to $1.39 from $0.89 in the prior-year period. Excluding certain items(1), diluted... More