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14.11.2024

Company news: Walt Disney’s (DIS) quarterly results beat analysts’ forecasts

Walt Disney (DIS) reported Q4 FY2024 earnings of $1.14 per share (versus $0.82 per share in Q4 FY2023), beating analysts’ consensus estimate of $1.11 per share.

The company’s quarterly revenues amounted to $22.574 bln (+6.3% y/y), slightly beating analysts’ consensus estimate of $22.492 bln.

The company issued upside EPS guidance for FY2025 of high-single-digit growth versus analysts’ consensus estimate of +4% y/y to $5.17.

Walt Disney also predicted a double-digit EPS growth for FY2026 and FY2027.

DIS rose to $112.65 (+9.67%) in pre-market trading.

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