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Jul 03, 2021
Disney Q3 2021 Earnings Report
Disney's Q3 2021 earnings showcased a strong recovery and growth in its direct-to-consumer business.
Key Takeaways
The Walt Disney Company reported a strong third quarter for fiscal year 2021, with significant growth in revenues and earnings per share (EPS). Diluted EPS from continuing operations was $0.50, compared to a loss of $2.61 in the prior-year quarter, and diluted EPS excluding certain items increased to $0.80 from $0.08 in the prior-year quarter. The company's direct-to-consumer business performed well, reaching nearly 174 million subscriptions across Disney+, ESPN+, and Hulu.
Diluted earnings per share (EPS) from continuing operations increased to $0.50, compared to a loss of $2.61 in the prior-year quarter.
Diluted EPS excluding certain items increased to $0.80 from $0.08 in the prior-year quarter.
Total subscriptions across Disney+, ESPN+, and Hulu reached nearly 174 million.
Disney Parks, Experiences and Products segment showed significant revenue growth due to the reopening of parks and resorts.
Revenue by Segment
Forward Guidance
The document does not contain specific forward guidance. Therefore, a summary cannot be provided.
Revenue & Expenses
Visualization of income flow from segment revenue to net income
Historical Earnings Impact
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Avg. Return Before/After Earnings
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