No. of Recommendations: 5
cnbc.com - Disney dis earnings report q1Details
* Earnings per share: $1.22 adjusted vs. 99 cents expected
* Revenue: $23.55 billion vs. $23.64 billion expected
Nice to see margins improve - on the path to $6.00 EPS which is what I think the business is capable of (they are forecasting $4.60 this year).
On the top line side, more needs to be done;
Entertainment : $9.98B -7%
Experiences : $9.13B +7%
DTC : $5.55B +15%
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$24.66B
Note: Not clear why these numbers don't match the $23.55 number above - will need to do some digging.
It might take a while for the Entertainment sector to stop the bleeding...
tecmo
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