Walt Disney: beats consensus in Q1
(CercleFinance.com) - On Tuesday evening Walt Disney announced Q4 2017-18 net profit that was up 78% at 4.
4 billion dollars, meaning EPS of 2.91 dollars per share.
Excluding extraordinary items, EPS rose by 22% to 1.89 dollar, beating the consensus by 18 cents.
The entertainment giant saw its operating income from business segments almost stable (+1%) at nearly 4 billion dollars, on revenues that were up 4% at nearly 15.4 billion dollars, with growth solely driven by its theme parks (+13%).
Robert A. Iger, Chairman and Chief Executive Officer, said. “We're excited about what lies ahead, with a robust film slate, the launch of our ESPN direct-to-consumer business, new investments in our theme parks, and our pending acquisition of Twenty-First Century Fox.”
Copyright (c) 2018 CercleFinance.com. All rights reserved.
4 billion dollars, meaning EPS of 2.91 dollars per share.
Excluding extraordinary items, EPS rose by 22% to 1.89 dollar, beating the consensus by 18 cents.
The entertainment giant saw its operating income from business segments almost stable (+1%) at nearly 4 billion dollars, on revenues that were up 4% at nearly 15.4 billion dollars, with growth solely driven by its theme parks (+13%).
Robert A. Iger, Chairman and Chief Executive Officer, said. “We're excited about what lies ahead, with a robust film slate, the launch of our ESPN direct-to-consumer business, new investments in our theme parks, and our pending acquisition of Twenty-First Century Fox.”
Copyright (c) 2018 CercleFinance.com. All rights reserved.