News Formal

Disney tops earnings forecasts as Iger sets 'building' phase

  • 📰 Investingcom
  • ⏱ Reading Time:
  • 25 sec. here
  • 2 min. at publisher
  • 📊 Quality Score:
  • News: 13%
  • Publisher: 53%

Россия Новости Новости

Россия Последние новости,Россия Последние новости

Disney tops earnings forecasts as Iger sets 'building' phase

© Reuters. FILE PHOTO: Toy figures of people are seen in front of the displayed Disney + logo, in this illustration taken January 20, 2022. REUTERS/Dado Ruvic/Illustration/File Photoexceeded Wall Street's earnings expectations on Wednesday as higher attendance at its Shanghai and Hong Kong theme parks offset a decline in advertising revenue at television network ABC.

For the fiscal fourth quarter ended Sept. 30, Disney reported adjusted per-share earnings of 82 cents, topping an average forecast of 70 cents, according to LSEG data. Quarterly revenue of $21.2 billion was largely in line with consensus estimates. Disney now says it is on track to achieve $7.5 billion in annualized savings, as it aggressively manages costs.

Insider Intelligence analyst Paul Verna said he"would caution against the narrative that Disney is an outlier."

 

Спасибо за ваш комментарий. Ваш комментарий будет опубликован после проверки
Мы обобщили эту новость, чтобы вы могли ее быстро прочитать.Если новость вам интересна, вы можете прочитать полный текст здесь Прочитайте больше:

 /  🏆 450. in RU

Россия Последние новости, Россия Последние новости

Similar News:Вы также можете прочитать подобные новости, которые мы собрали из других источников новостей

Disney CEO Bob Iger Says Company Now in 'Building' PhaseDisney+ added 7 million core subscribers in the quarter, which also saw the company report its earnings in a new format that breaks out ESPN.
Источник: THR - 🏆 411. / 53 Прочитайте больше »