The Walt Disney Co. ended its fiscal 2024 on a high note, thanks in large part to its theatrical film division and growth in streaming, even as its ESPN and experiences businesses dragged down net income slightly compared to a year earlier.
The entertainment giant reported revenues of $22.57 billion in its fiscal fourth quarter, which ended Sept. 30, up 6 percent from the same quarter a year ago. Income was $948 million, down 6 percent from a year ago, while diluted earnings per share (EPS) was $0.25, compared to $0.14 a year ago.
Related Stories
The growth was driven by entertainment, where revenues were up by 14 percent to $10.8 billion, with segment operating income surging by more than 100 percent to $1.07 billion. The company had both Deadpool & Wolverine and Inside Out 2 in the quarter, a pair of massive
...
Keep reading this article on Hollywood Reporter.
