Disney+ Subscribers

ESPN+ Subscribers

Hulu Subscribers

Subscribers

Revenue segments as reported by the company.

Parks, Experiences & Consumer Products

Disney Media and Entertainment Distribution

Entertainment

Sports

Experiences

Eliminations

Contract License Early Termination

Revenue Segments

Gross Profit, Operating Income, and Net Income as a percentage of Revenue

Operating Margin

Profit Margin

Margins

An operating expense is an expense a business incurs through its normal business operations. Often abbreviated as OPEX.

Costs & Expenses

Operating Expenses

Year over year growth in Revenue and Operating Expenses.

Revenue Y/Y

OpEx Y/Y

Growth

Shares outstanding refer to a company's stock currently held by all its shareholders, including share blocks held by institutional investors and restricted shares owned by the company's officers and insiders.

Outstanding Shares

Market Cap

Also known as Price/Sales Ratio. Calculated using Average market cap for the quarter / Annualized quarterly revenue.

Revenue Multiple

Disney

Lucasfilm, is an American film and television production company based in the Letterman Digital Arts Center in San Francisco, California. The studio is best known for creating and producing the Star Wars and Indiana Jones franchises, as well as its leadership in developing special effects, sound and computer animation for film. Lucasfilm was founded by filmmaker George Lucas in 1971 in San Rafael, California; most of the company's operations were moved to San Francisco in 2005. The Walt Disney Company acquired Lucasfilm in 2012 at a valuation of $4.06 billion.

Lucasfilm

ESPN (originally an initialism for Entertainment and Sports Programming Network) is a U.S.-based global cable and satellite sports television channel owned by ESPN Inc., a joint venture owned by The Walt Disney Company (80%) and Hearst Communications (20%). The company was founded in 1979 by Bill Rasmussen along with his son Scott Rasmussen and Ed Egan.

ESPN

The American Broadcasting Company (ABC) is an American commercial broadcast television network that is a flagship property of Disney–ABC Television Group, a subsidiary of the Disney Media Networks division of The Walt Disney Company. The network is headquartered on Columbus Avenue and West 66th Street in Manhattan, New York City. There are additional major offices and production facilities elsewhere in New York City, as well as in Los Angeles and Burbank, California.

Marvel Studios, is a motion picture studio and is a subsidiary of Walt Disney Studios, itself a wholly owned division of The Walt Disney Company, with film producer Kevin Feige serving as president. Previously, the studio was a subsidiary of Marvel Entertainment until Disney reorganized the companies in August 2015.

Marvel Studios

A&E Networks (branded as A+E Networks) is a US media company that owns a group of television channels available via cable & satellite in the U.S. and abroad. A&E stands for Arts & Entertainment. The company is a joint venture with Hearst Communications and Disney–ABC Television Group, a unit of The Walt Disney Company.

A&E Networks

FUSION is a television cable and satellite news and satire channel owned by Fusion Media Group, an American multi-platform media company that is owned by Univision Communications, which relies in part on the resources of its parent company's news division, Noticias Univision. In addition to conventional television distribution, Fusion is also streamed online and on mobile platforms to subscribers of participating cable and satellite providers.

Fusion

Pixar, also referred to as Pixar Animation Studios, is an American computer animation film studio based in Emeryville, California that is a subsidiary of The Walt Disney Company. Pixar began in 1979 as the Graphics Group, part of the Lucasfilm computer division, before its spin-out as a corporation in 1986, with funding by Apple Inc. co-founder Steve Jobs, who became the majority shareholder. Disney purchased Pixar in 2006 at a valuation of $7.4 billion, a transaction that resulted in Jobs becoming Disney's largest single shareholder at the time. Pixar is best known for CGI-animated feature films created with RenderMan, Pixar's own implementation of the industry-standard RenderMan image-rendering application programming interface, used to generate high-quality images.

Pixar

Touchstone Pictures is an American film distribution label of Walt Disney Studios Motion Pictures. Previously, Touchstone operated as an active film production banner of Walt Disney Studios, owned by The Walt Disney Company. Established on February 15, 1984 by then-Disney CEO Ron W. Miller as Touchstone Films, similar to the defunct label Hollywood Pictures, it typically releases films targeted to adult audiences with more mature themes and darker tones than those released under the Disney name. Touchstone Pictures merely serves as a brand and not a distinct business operation, and does not exist as a separate company.

Touchstone Pictures

Hulu (stylized as hulu) is an American subscription video on demand service owned by Hulu LLC, a joint venture with The Walt Disney Company (through Disney Direct-to-Consumer and International)[7] (30%), 21st Century Fox (30%), Comcast (through NBCUniversal) (30%), and as of August 10, 2016, Time Warner (through Turner Broadcasting System) (10%). Through an acquisition announced in December 2017, Disney will acquire Fox's partial ownership, giving it a majority stake when the deal closes.

Hulu

The Walt Disney Co. engages in the business of international family entertainment and media enterprise. It owns and operates television and radio production, distribution and broadcasting stations, direct-to-consumer services, amusement parks, and hotels. It operates through the following business segments: Disney Entertainment, ESPN, and Disney Parks, Experiences, and Products. The company was founded by Walter Elias Disney on October 16, 1923 and is headquartered in Burbank, CA.

Earnings data Q2 2021

Earnings data Q3 2021

Earnings data Q4 2021

Earnings data Q1 2022

Earnings data Q2 2022

Earnings data Q3 2022

Earnings data Q4 2022

Earnings data Q1 2023

Earnings data Q2 2023

Earnings data Q3 2023

Earnings data Q4 2023

Earnings data Q1 2024

Earnings data Q2 2024

Earnings data Q3 2024

Earnings data Q4 2024

Earnings data Q1 2025

Disney focuses on streaming growth and cost savings for profitability

Disney's strategic transformation aims to drive sustained growth and profitability through cost savings and a focus on core business segments.
The company's strong performance in key segments, successful content releases, and strategic partnerships position it well for future success.
While facing challenges in restructuring and content distribution, Disney is leveraging opportunities in streaming, brand strength, and content licensing for growth.
Overall, Disney's focus on core brands, content curation, and customer experience enhancement aligns with its vision for future success and profitability.

Disney focuses on streaming profitability and parks growth strategies

Disney is strategically aligning its businesses for sustained growth, focusing on cost-cutting, audience engagement, and profitability in streaming services. The company's strong financial performance, diverse content portfolio, and focus on innovation position it well for future success amidst industry challenges and opportunities.

Disney focuses on DTC growth and strategic partnerships for future

Disney's Q3 earnings call highlighted transformation efforts, strong DTC and Parks performance, and strategic initiatives for growth. Challenges in content sales and linear networks were acknowledged, with opportunities in partnerships and pricing strategies. Company prioritizes liquidity, profitability, and smart capital allocation.

Disney triples Q4 earnings, eyes streaming growth and cost efficiency

Disney's strong financial performance in Q4 and fiscal 2023, driven by growth in streaming and experiences businesses, sets the stage for continued success.
Efforts to streamline operations, reduce costs, and focus on core brands and franchises position Disney for long-term sustainability and growth.
Anticipated investments in experiences business and strategic priorities to transform ESPN into a digital sports platform highlight Disney's commitment to innovation and expansion.
Exploration of partnerships, cost-saving measures, and focus on content quality present avenues for Disney to capitalize on emerging opportunities and navigate challenges effectively.

Disney excels in Q1 with strong financials and strategic focus

Disney's Q1 2024 Earnings Call highlighted strong financial performance, strategic initiatives in digital sports and streaming, and a focus on enhancing content quality and subscriber growth. While facing challenges in a competitive landscape and potential cord-cutting impacts, the company is well-positioned to leverage opportunities in gaming partnerships, direct-to-consumer expansion, and park investments.

Disney reports strong Q2 performance and strategic growth initiatives

Disney's Q2 performance was robust, with strong growth in adjusted EPS and profitability in streaming.
The company is strategically investing in content and cost efficiency while exploring new opportunities.
Challenges include content licensing decisions and replicating partnership success.
Overall, Disney remains focused on growth, shareholder returns, and a balanced content strategy.

Disney reports 2% revenue growth in Q3, streaming success highlighted

Disney's Q3 2024 earnings call highlighted revenue growth driven by park IP and streaming success.
The company faces challenges in managing costs, content spending balance, and maximizing profitability.
Opportunities lie in capitalizing on streaming services, global park demand, and strategic partnerships.
Analysts' inquiries focused on Disney's financial outlook, pricing power, and growth strategies for key segments.

Disney reports robust Q4 results, focuses on streaming and Experiences growth

Disney's Q4 earnings call highlights strong performance across key segments, creative content offerings, and strategic investments. While facing challenges in certain areas, the company is focused on leveraging opportunities in streaming, DTC margins, and international expansion. Overall, Disney remains optimistic about its growth trajectory and future prospects.

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Operating expenses

SG&A

Other

Operating income

EBITDA

Net income

Earnings per share

Total assets

Current assets

Cash & equivalents

Receivables

Inventory

Non-current assets

Net PPE

Intangibles

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Non-current liabilities

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Stockholders equity

Minority interest

Total liabilities & equity

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Net debt

Book value per share

Cash from operations

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Change in working capital

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Purchase/sale of investments

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Other sources

Cash from financing

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Free cash flow

Penn Entertainment

Penn Entertainment Inc. followed up its announcement of a deal with ESPN with a second-quarter report in which profit and revenue rose above expectations, as strength in its food, beverage and hotel business offset some weakness in gaming.

Penn Entertainment follows ESPN deal with an earnings beat

DraftKings

Shares in sports gambling names have fallen in the wake of Penn's $2 billion deal for ESPN rights.

Penn Wins in ESPN Betting Deal. Why DraftKings Stock Is Dropping.

7:00am: US markets set to recoup some of Tuesday's falls Equities in the US look set to rally when trading gets under way in New York as investors look ahead to earnings from Disney and tomorrow's key consumer price inflation print. In pre-market trading, futures for the Dow Jones Industrial Average were 0.2% higher, while those for the S&P 500 up 0.3%, and contracts for the Nasdaq 100 futures climbed 0.3%.

Dow set to rally as investors eye CPI and Disney results

Walt Disney Co. faces a confluence of chaotic factors as it prepares to report its fiscal third-quarter earnings on Wednesday.

Disney earnings: Here's what to expect, by the numbers

ZipRecruiter

Marqeta Inc.‘s stock MQ, -1.00% was surging 19% after the company, which makes card-issuing technology, addressed a major investor overhang as it announced a deal renewal with Block Inc.‘s SQ, -2.55% Cash App.

Penn Entertainment shares surge on ESPN deal, ZipRecruiter stock slumps and other stocks on the move

Penn Entertainment Inc (NASDAQ: PENN) has agreed to partner with ESPN and relaunch its Barstool Sportsbook as ESPN Bet. ESPN Bet will launch in the U.S. this fall The deal creates a new revenue stream for ESPN at a time when cord-cutting is hurting the traditional TV business.

ESPN just partnered with Penn Entertainment to launch a sportsbook

Amgen

Boeing

Salesforce

Cisco Systems

Chevron

Dow Inc

Goldman Sachs

Honeywell

Intel

JPMorgan Chase & Co

Coca-Cola

Merck

Microsoft

NIKE

Travelers

Verizon

Walgreens

"The Dow® [adds a stock] if the company has an excellent reputation, demonstrates sustained growth, and is of interest to a large number of investors. Sector representation is also a consideration.”–Dow Jones & Co. The highest-yield 10 stocks are August's Dogs of the Dow: CSCO, KO, GS, AMGN, CVX, IBM, DOW, MMM, WBA, and VZ, averaged a 4.63% annual yield. Thirty Dow stocks represent nine of eleven sectors. Dow Jones tracks utilities as a separate index and omits real estate. Broker top-ten target-estimated August net-gains ranged 15.75%-33.3%, topped by VZ 8/4/23.

Buy 2 August Dogs Of The Dow, Watch 5

Casino owner PENN Entertainment has dropped Barstool, the sports website, agreeing to a $2 billion dollar deal with ESPN to create ESPN Bet.

Casino owner Penn Entertainment is ditching Barstool for a $2 billion deal with ESPN

Penn's Barstool Sportsbook app will be rebranded as ESPN Bet this fall as part of a 10-year agreement.

ESPN Strikes $1.5 Billion Sports-Betting Deal With Penn Entertainment

Dave Portnoy is taking back the reins at Barstool Sports buying back the media company from Penn Entertainment (NASDAQ:PENN), as a side-deal to the casino and betting group's market-shaking new team-up with Disney's (NYSE:DIS) ESPN. Portnoy - the podcaster, social media personality and media entrepreneur that launched Barstool Sports in 2003 - is buying back Barstool just five months after Penn took full ownership for an aggregate cost of US$551 million.

Dave Portnoy back on the throne at Barstool as Penn teams up with Disney

Disney is exploring opportunities for artificial intelligence with a newly-launched task force, unnamed sources told Reuters. The company set up the group in 2023.

Disney looks to AI to possibly cut costs

Disney has decided to take a gamble on sports betting, with ESPN inking a licensing deal with regional casino operator Penn Entertainment.  ESPN has signed a licensing deal with Penn Entertainment to create ESPN Bet, a sportsbook for audiences in the United States.

ESPN dives into sports betting by rebranding casino operator Penn Entertainment as ESPN Bet

Penn Entertainment soared late on news of an ESPN-Penn sportsbook deal. Online sports betting leader DraftKings fell sharply.

ESPN-Penn Sportsbook Deal Sends PENN Stock Soaring; DraftKings Tumbles

ESPN will launch a rebranded sports betting sportsbook after it agreed to a $1.5 billion deal with PENN Entertainment.

Penn Entertainment Sells Barstool Sports Back To Founder Dave Portnoy In Deal Rebranding Sportsbook As ESPN BET

Penn Entertainment and Disney's ESPN are partnering to launch a sportsbook, which will be branded ESPN Bet.

ESPN launches sportsbook in partnership with Penn Entertainment

Dave Portnoy is once again the owner of Barstool Sports.

Penn sells Barstool Sports back to Dave Portnoy to partner with ESPN

Launched earlier this year, before the Hollywood writers' strike, Disney's task force is reportedly looking  to "develop AI applications in-house as well as form partnerships with startups."

Disney launches task force to study AI and cut costs as Hollywood strike rages: report

Walt Disney's ESPN and casino-owner Penn Entertainment have agreed to jointly launch a sports betting business under the brand ESPN Bet, the two companies said on Tuesday.

Disney's ESPN inks $2 bln deal with Penn to launch sports betting business

Walt Disney Co.'s DIS, +1.50% ESPN on Tuesday announced an agreement with Penn Entertainment Inc. PENN, -0.68% to launch ESPN Bet, a branded sportsbook for fans in the U.S. Penn Entertainment will rebrand its current sportsbook and relaunch as ESPN Bet in the fall in 16 legalized betting states where Penn Entertainment is licensed. The rebrand — which includes the mobile app, website, and mobile website — sent Penn's stock up 23% in after-hours trading Tuesday.

ESPN, Penn agree to launch sportsbook ESPN Bet in fall

Disney has wrapped up its 2023-24 upfront sales process, with gains in sports and streaming helping it return to 2022 revenue and volume levels. The media giant reported strong buyer interest in live events; addressable inventory across sports and entertainment, including Hulu and Disney+ ad tier; and programmatic and measurement offerings.

Disney Sports And Streaming Gains Help Company's Upfront Sales Return To Last Year's Revenue And Volume Levels

Disney's (DIS) third-quarter fiscal 2023 results are likely to reflect declining Disney+ subscriber growth, as well as the weak contribution from theatrical releases.

Disney (DIS) to Post Q3 Earnings: Disney+ User Growth in Focus

Disney stock muted ahead of earnings late Thursday as the Dow Jones entertainment giant faces high content costs, slowing streaming growth.

Disney Stock: Dow Jones Giant Battles Content Costs, Streaming Struggles With Earnings Due

The Walt Disney Company (NYSE:DIS) will report earnings after the closing bell on Wednesday, and investors will hoping for a better result than the company's prior quarter showing which sunk its shares by nearly double digits.  The media and entertainment titan is projected to post fiscal third-quarter revenue of $22.48 billion and earnings of $0.97 per share, compared to $21.5 billion and $0.77 per share, respectively, in the year-ago quarter.

Disney looks for theme park revenue growth to drive 3Q results Wednesday

Alibaba

Coeur Mining

After U.S. markets closed on Monday, Lucid Group missed estimates on both the top and bottom lines but said it is on track to reach its production goal of more than 10,000 electric vehicles (EVs) for the year.

Earnings Previews: Alibaba, Coeur Mining, Disney

Disney is expected to publish its Q3 2023 results on August 9.

News for Disney Stock (DIS)