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%

Indonesia Berita Berita

Indonesia Berita Terbaru,Indonesia Berita utama

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.

 

Terima kasih atas komentar Anda. Komentar Anda akan dipublikasikan setelah ditinjau.
Berita ini telah kami rangkum agar Anda dapat membacanya dengan cepat. Jika Anda tertarik dengan beritanya, Anda dapat membaca teks lengkapnya di sini. Baca lebih lajut:

 /  🏆 8. in İD

Indonesia Berita Terbaru, Indonesia Berita utama

Similar News:Anda juga dapat membaca berita serupa dengan ini yang kami kumpulkan dari sumber berita lain.

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
Sumber: globeandmail - 🏆 5. / 92 Baca lebih lajut »

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...
Sumber: YahooFinanceCA - 🏆 47. / 63 Baca lebih lajut »

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...
Sumber: YahooFinanceCA - 🏆 47. / 63 Baca lebih lajut »