- Walt Disney (NYSE:DIS) is getting a mild lift after hours, up 0.5%, following a beat on top and bottom lines in fiscal Q2 earnings where ESPN proved less of a drag and once again strong Parks results and a healthy film slate carried the day.
- Revenues rose 9% overall with gains in every segment. Adjusted EPS rose 23% and marked an easy beat.
- And free cash flow jumped 48% to $3.46B.
- Revenue by segment: Media Networks, $6.13B (up 3%); Parks and Resorts, $4.88B (up 13%); Studio Entertainment, $2.45B (up 21%); Consumer Products and Interactive Media, $1.08B (up 2%).
- Operating income by segment: Media Networks, $2.08B (down 6%); Parks and Resorts, $954M (up 27%); Studio Entertainment, $847M (up 29%); Consumer Products and Interactive Media, $354M (down 4%).
- Conference call to come at 4:30 p.m ET.
- Press release
- Now read: Dividend Sensei's Portfolio Update 33: A Priceless Buffett Strategy That Can Make You Rich
Original article