The Walt Disney Company (NYSE: DIS) announced it will discuss its fiscal fourth quarter and full year 2024 earnings results via a live Q&A webcast on Thursday, November 14 at 8:30 a.m. Eastern Time. The webcast will be available at www.disney.com/investors.
Prior to the webcast, Disney will release its Q4 and full year results and post prepared written management remarks. These documents will be available on its investor relations website before the opening of regular trading on November 14.
Disney 2024 Earnings Expectations
Disney has not provided specific earnings guidance for fiscal 2024. However, the company is likely to discuss the performance and outlook for its various business segments, including:
- Disney Media and Entertainment Distribution
- Disney Parks, Experiences and Products
- Direct-to-Consumer (Disney+, Hulu, ESPN+)
Analysts will be looking for updates on subscriber growth for Disney’s streaming services. Also of note are attendance trends at its theme parks and the impact of recent film and television releases. The company may also provide commentary around its fiscal 2025 expectations.
Accessing the Webcast
The audio Q&A webcast will be accessible to the public at www.disney.com/investors. A replay will also be available on the website after the completion of the call.
Those interested in asking a question can do so by contacting Disney Investor Relations at (818) 560-1933 or emailing investor.relations@disney.com. The deadline to submit a question for consideration is Wednesday, November 13 at 6:00 p.m. ET.
Previous Quarter Earnings
The Walt Disney Company reported strong fiscal Q3 2024 results, with revenues increasing 4% year-over-year to $23.2 billion. Additionally, adjusted EPS grew 35% to $1.39, surpassing analyst expectations. The Entertainment segment saw significant improvements, with operating income nearly tripling, driven by successes in Direct-to-Consumer and Content Sales/Licensing. Recent film releases, including Pixar’s Inside Out 2, Marvel’s Deadpool & Wolverine, and 20th Century Studios’ Kingdom of the Planet of the Apes, collectively grossed $2.8 billion globally.
A major milestone was achieved in Q3 as Disney reached profitability across its combined streaming businesses (Disney+, Hulu, ESPN+) for the first time. This goal was achieved one quarter ahead of previous guidance. Despite softer performance in the Experiences segment and a decline in Sports operating income, CEO Bob Iger expressed optimism about future growth. Disney expects its adjusted EPS to grow 30% for fiscal year 2024, remaining confident in its ability to drive earnings growth through its diverse portfolio of unique assets.
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