Disney returns to profits in third quarter as streaming business starts making money for first time

  • 📰 SooToday
  • ⏱ Reading Time:
  • 17 sec. here
  • 2 min. at publisher
  • 📊 Quality Score:
  • News: 10%
  • Publisher: 85%

Brasil Notícia Notícia

Brasil Últimas Notícias,Brasil Manchetes

The Walt Disney Co. returned to a profitable third quarter as its combined streaming business started making money for the first time and the movie Inside Out 2 did well in theaters. For the period ended June 29, Disney earned $2.62 billion, or $1.

The Walt Disney Co. returned to a profitable third quarter as its combined streaming business started making money for the first time and the movie Inside Out 2 did well in theaters.

Stripping out one-time gains, earnings were $1.39 per share, easily topping the $1.20 analysts polled by Zacks Investment Research expected. Operating income for the entertainment segment nearly tripled to $1.2 billion thanks to better performances from its direct-to-consumer and content sales/licensing and Other segments.

 

Obrigado pelo seu comentário. Seu comentário será publicado após ser revisado.
Resumimos esta notícia para que você possa lê-la rapidamente. Se você se interessou pela notícia, pode ler o texto completo aqui. Consulte Mais informação:

 /  🏆 8. in BR

Brasil Últimas Notícias, Brasil Manchetes

Similar News:Você também pode ler notícias semelhantes a esta que coletamos de outras fontes de notícias.

Walt Disney’s quarterly earnings beat market estimates; profit slips at theme parksApril-June operating income nearly tripled at its Entertainment unit, with the combined streaming businesses of Disney+, Hulu and ESPN+ posting a profit for the first time
Fonte: globeandmail - 🏆 5. / 92 Consulte Mais informação »

Walt Disney earnings, Fedspeak: What to watchAs the trading day comes to close, here is a preview off several key events on the horizon for next week. The corporate earnings season continues with a...
Fonte: YahooFinanceCA - 🏆 47. / 63 Consulte Mais informação »

Disney returns to profit in third quarter as streaming business starts making money for first timeThe Walt Disney Co. returned to a profitable third quarter as its combined streaming business started making money for the first time and the movie Inside...
Fonte: YahooFinanceCA - 🏆 47. / 63 Consulte Mais informação »