Walt Disney: exceeds expectations in Q2
(CercleFinance.com) - Tuesday evening, Walt Disney announced a 23% growth in net profits to 2.
9 billion dollars for its second fiscal quarter 2017-2018, making 1.95 dollars per share.
Excluding exceptional items, EPS grew by 23% to 1.84 dollars, trumping market consensus by 14 cents.
The entertainment giant saw a 6% growth in operating profit for the segments to 4.2 billion dollars, for revenue growth of 9% to over 14.5 billion; a growth fuelled by its amusement parks (+13%) and studios (+21%).
"Our ability to create extraordinary content like Black Panther and Avengers: Infinity War [...] our DTC platforms, and our recent reorganisation strengthen our confidence that we are very well positioned for future growth", declares CEO Robert Iger.
Copyright (c) 2018 CercleFinance.com. All rights reserved.
9 billion dollars for its second fiscal quarter 2017-2018, making 1.95 dollars per share.
Excluding exceptional items, EPS grew by 23% to 1.84 dollars, trumping market consensus by 14 cents.
The entertainment giant saw a 6% growth in operating profit for the segments to 4.2 billion dollars, for revenue growth of 9% to over 14.5 billion; a growth fuelled by its amusement parks (+13%) and studios (+21%).
"Our ability to create extraordinary content like Black Panther and Avengers: Infinity War [...] our DTC platforms, and our recent reorganisation strengthen our confidence that we are very well positioned for future growth", declares CEO Robert Iger.
Copyright (c) 2018 CercleFinance.com. All rights reserved.