•
Jul 01, 2023
Disney Q3 2023 Earnings Report
Disney's Q3 2023 earnings reflect restructuring efforts and improved efficiency.
Key Takeaways
Disney's Q3 2023 earnings showed revenue growth of 4% year-over-year. Diluted EPS from continuing operations was a loss of $0.25, while diluted EPS excluding certain items was $1.03. The company is on track to exceed its initial goal of $5.5 billion in savings.
Revenues for the quarter grew 4% year-over-year.
Diluted loss per share (EPS) from continuing operations was $0.25 compared to income of $0.77 in the prior-year quarter.
Excluding certain items, diluted EPS for the quarter was $1.03, down from $1.09 in the prior-year quarter.
The company is on track to exceed its initial goal of $5.5 billion in savings.
Disney
Disney
Disney Revenue by Geographic Location
Forward Guidance
No specific forward guidance was provided in the earnings report.
Revenue & Expenses
Visualization of income flow from segment revenue to net income