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

Media Networks

Studio Entertainment

DTC & International

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 Q1 2021

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

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.

Revenue

Cost of revenue

Gross profit

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

Total liabilities

Current liabilities

Short term debt

Income tax payable

Non-current liabilities

Long-term debt

Total equity

Stockholders equity

Minority interest

Total liabilities & equity

Total debt

Net debt

Book value per share

Cash from operations

Funds from operations

Change in working capital

Cash from investing

Capital expenditure

Purchase/sale of investments

Purchase/sale of business

Other sources

Cash from financing

Change in stock

Change in debt

Cash dividends paid

Cash from other sources

Net change in cash

Free cash flow

The risk-free rate is still pitiful for a 10-year investment in a US Treasury. Investors should be looking for future cash flow discounts. I'd much rather buy The Walt Disney Company in anticipation of the company returning to its 2018 performance and valuation.

Disney: Forget Disney Plus, The Magic Kingdom Hit My Magic Number

SAN DIEGO--(BUSINESS WIRE)---- $DIS #DIS--The Walt Disney Company (DIS) Misled Investors Regarding the Success of the Disney+ Platform.

Shareholder Alert: Robbins LLP Informs Investors of Class Action Against The Walt Disney Company (DIS)

The Walt Disney Company reported quarterly financial results that disappointed shareholders.

Should Investors Buy the Dip in Disney Stock?

NEW YORK--(BUSINESS WIRE)--WHY: Rosen Law Firm, a global investor rights law firm, announces the filing of a class action lawsuit on behalf of purchasers of common stock of The Walt Disney Company (NYSE: DIS) between December 10, 2020 and November 8, 2022, both dates inclusive (the “Class Period”). A class action lawsuit has already been filed. If you wish to serve as lead plaintiff, you must move the Court no later than July 11, 2023. SO WHAT: If you purchased Disney securities during the Clas.

DIS EQUITY ALERT: ROSEN, A LEADING NATIONAL FIRM, Encourages The Walt Disney Company Investors to Secure Counsel Before Important Deadline in Securities Class Action – DIS

The market sent shares of Disney down following its second-quarter earnings results. Disney+ subscribers are the biggest concern for investors.

5 Reasons to Buy Disney After Its Post-Earnings Sell-Off

Moderna

NIKE

The current recovery in the stock market has been uneven. Tech is booming, financials are lagging and everything in between is a mixed bag.

Warning! 3 Stocks That Are Waving Big Red Flags

Netflix

Disney lost domestic subscribers at the same time that Netflix gained subscribers. But the great news for Netflix investors has to do with Disney's advertising tier.

The Real Reason Disney's Earnings Were Great News for Netflix

Disney's subscriber growth started slowing in 2022, and this year, subscriber numbers have been shrinking. The company's belief that it can cut content spending and raise prices with impunity may be misguided.

Streaming May Slow Down for Disney. Should Investors Steer Clear of the Stock?

Disney grew streaming revenue in its fiscal second quarter, but the number of subscribers slipped. The streaming business is still losing money, although losses are shrinking.

Disney Stock Plunges on Streaming Losses: Time to Buy the Dip?

Airbnb

When these stocks sell-off, they can provide one of the best buying opportunities of the year.

2 Stocks To Buy After Earnings Sell Offs

SAN DIEGO--(BUSINESS WIRE)--The suit alleges defendants issued false statements concerning Disney business and prospects, resulting in its stock trading at inflated prices.

DIS INVESTOR ALERT: Robbins Geller Rudman & Dowd LLP Files Class Action Lawsuit Against The Walt Disney Company and Announces Opportunity for Investors with Substantial Losses to Lead the Disney Class Action Lawsuit

Amazon

Tesla

George Soros' Soros Fund Management placed bets on railroads and the gig economy during the first quarter, recalibrated its holdings in a struggling media industry and dumped electric-vehicle maker Tesla Inc.

Soros bet on railroads, fitness, gig economy and lightened load on Disney, Amazon, dumped Tesla

This week in earnings was dominated by mixed results and forward-looking guidance from some big names that largely disappointed analyst estimates.  From AirBnb to Disney, here's a look at some of the companies that reported this week:

AirBnb, Disney numbers disappoint and more big earnings surprises from the week

Walt Disney Co (NYSE: DIS) is in focus this morning after a Wolfe Research analyst turned dovish on the entertainment conglomerate. Disney+ lost 4.0 million subscribers in Q2 On Friday, Peter Supino downgraded the California-based company to “peer perform” and suspended his price objective on the stock.

Disney stock just got downgraded at Wolfe Research: find out more

Disney (NYSE: DIS ) stock is slipping on Friday after the entertainment company's shares were hit with a downgrade. Wolfe Research analyst Peter Supino dropped shares of DIS stock to a “peer perform” rating from an “outperform” rating.

DIS Stock Alert: Wolfe Research Downgrades Disney, Removes Price Target

Walt Disney Co. continues to navigate a tough media environment, and that has one analyst worried about the stock's ability to advance in the interim.

Disney stock nabs a downgrade with subscriber forecasts ‘looking risky'

The value of Disney's Marvel Entertainment segment alone suggests the stock is undervalued. The company is laying the foundation for substantial advertising growth through streaming.

Disney Stock: 3 Reasons to Buy the Dip

Weakness in streaming subscriber growth and linear business may be worrying Disney investors.

Walt Disney Contributes To Broad Market Decline On Thursday

Microsoft

Wendy's

CyberArk Software

Robinhood

PayPal

United States Steel

While the intense fervor of meme stocks to buy now may have peaked a while ago, that doesn't mean the activity of coordinating investments via social media platforms has gone away for good. Earlier this year, Barron's noted that the meme frenzy is back.

7 Meme Stocks That Are Still Alive and Kicking

Peloton

Markets were mixed on Thursday. Disney shares fell as subscriber counts in some key markets eased lower.

Why Disney Dragged on the Dow and Peloton Hit the Skids Thursday

The stock market continues to worry over the health of regional banks. Disney stock dived nearly 9% on weak subscriber growth.

Stock Market Mixed On Regional Bank Worries; Disney Dives On Earnings

Shares of The Walt Disney Company have come under further pressure following the release of its fiscal Q2 earnings. Margin pressure has spread beyond the direct-to-consumer streaming segment.

The Walt Disney Company After Fiscal Q2: Wondering If Wonderland Returns

Analysts say Disney stock is a buy on weakness after shares sell off on a subscriber miss.

Disney Stock Tumbles: Time to Buy?

Walt Disney Co.'s disappointing results on Wednesday revealed ongoing issues with its streaming business, providing further evidence of how the streaming wars and the fight for consumers are now making it a more difficult business.

Disney shows streaming wars are destroying all that was good about streaming

Comcast

FuboTV

Paramount Global

Warner Bros Discovery Inc

Media giants Paramount, Comcast, Warner Bros. Discovery, and Disney are struggling to grow their audiences profitably.

News for Disney Stock (DIS)