Walt Disney (DIS) Tops Q3 EPS by 4c

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The Walt Disney Company Reports Third Quarter and Nine Months Earnings for Fiscal 2023

August 9, 2023 4:05 PM EDT

BURBANK, Calif.--(BUSINESS WIRE)-- The Walt Disney Company (NYSE: DIS) today reported earnings for its third quarter and nine months ended July 1, 2023.

Revenues for the quarter and nine months grew 4% and 8%, respectively. Diluted earnings per share (EPS) from continuing operations for the quarter was a loss of $0.25 compared to income of $0.77 in the prior-year quarter. Excluding certain items(1), diluted EPS for the quarter was $1.03, down from $1.09 in the prior-year quarter. EPS from continuing operations for the nine months ended July 1, 2023 decreased to $1.14 from $1.66 in the... More