Walt Disney: Q2 EPS down 14% to $0.93
(CercleFinance.com) - On Wednesday evening Walt Disney reported a 14% decline in EPS (adjusted for special items) to $0.
93 for Q2 2022-23, as well as an 11% decline in segment operating income to $3.28bn.
However, the media and entertainment giant's revenues rose 13% to just over $21.8bn, with growth driven primarily by its theme park, experience and product businesses.
Management also highlighted the improved financial performance of the streaming business, which reflects the strategic changes undertaken across the group to realign Disney for sustained growth and success.
Copyright (c) 2023 CercleFinance.com. All rights reserved.
93 for Q2 2022-23, as well as an 11% decline in segment operating income to $3.28bn.
However, the media and entertainment giant's revenues rose 13% to just over $21.8bn, with growth driven primarily by its theme park, experience and product businesses.
Management also highlighted the improved financial performance of the streaming business, which reflects the strategic changes undertaken across the group to realign Disney for sustained growth and success.
Copyright (c) 2023 CercleFinance.com. All rights reserved.