Disney Results: Analyzing the Q4 2024 Earnings of Walt Disney Company
Thursday, 14 November 2024, 11:59
Business News: Walt Disney's Q4 2024 Earnings Results
The Walt Disney Company (NYSE: DIS) has unveiled its Q4 2024 earnings results, showcasing a remarkable rebound in performance.
Financial Highlights
- Revenues surged by 6% year-over-year to $22.6 billion.
- Net income attributable to Disney reached $460 million, or $0.25 per share, compared to $264 million, or $0.14 per share in the previous year.
- Adjusted EPS rose by 39% to $1.14.
Implications for Investors
Revenue and earnings that exceeded expectations have resulted in a 5% spike in DIS stock in premarket trading. Looking ahead, Disney anticipates high-single digit adjusted EPS growth for fiscal year 2025 compared to fiscal year 2024.
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