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.
Abbiamo riassunto questa notizia in modo che tu possa leggerla velocemente. Se sei interessato alla notizia puoi leggere il testo completo qui. Leggi di più:
Italia Ultime Notizie, Italia Notizie
Similar News:Puoi anche leggere notizie simili a questa che abbiamo raccolto da altre fonti di notizie.
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 Leggi di più »
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 Leggi di più »
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 Leggi di più »