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Oct 01, 2022
Disney Q4 2022 Earnings Report
Disney's Q4 2022 earnings were released, showing mixed results with revenue growth offset by declines in certain segments.
Key Takeaways
The Walt Disney Company reported a 9% increase in revenue for the fourth quarter of fiscal year 2022. Diluted EPS from continuing operations was comparable to the prior-year quarter at $0.09, but decreased to $0.30 when excluding certain items. The company saw strong subscriber growth in its direct-to-consumer services, with Disney+ adding 12.1 million subscribers.
Total subscriptions increased by 14.6 million, including 12.1 million Disney+ subscribers.
Disney+ subscriber growth reflects strategic investments in content and international expansion.
Parks, Experiences and Products segment saw record results.
Company expects DTC operating losses to narrow and Disney+ to achieve profitability in fiscal 2024.
Revenue by Segment
Forward Guidance
The company expects DTC operating losses to narrow going forward and that Disney+ will still achieve profitability in fiscal 2024, assuming no significant shift in the economic climate.
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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