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.

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

Penn Entertainment

Shares of PENN Entertainment (PENN) jumped after Bank of America said Monday that the sports gambling operator has benefited greatly from its $1.5 billion acquisition in August of the rights to the famous ESPN sports brand owned by Walt Disney (DIS).

PENN Entertainment Shares Up as Popularity of New ESPN Bet App Prompts BoA Upgrade

ESPN Bet, the sportsbook created by PENN Entertainment, Inc., is topping the iOS app charts after its launch, indicating big-time consumer interest. ESPN Bet will be featured on tonight's (November 20th) Monday Night Football game between the Philadelphia Eagles and the Kansas City Chiefs, which may be the most viewed such game in history. PENN is likely to see success in the sports betting market due to the ESPN brand, PENN's casino industry experience, and timing their entry to when competitors are worn out.

PENN Entertainment: ESPN Bet Off To A Monster Start, Catching Wall Street Flat-Footed

PENN Entertainment Inc's ESPN Bet is dominating initial download activity and charts, proving it is cutting through to customers, according to BofA Securities analysts.  In a note to clients, they upgraded shares of the integrated entertainment, sports content, and casino gaming experiences company to ‘Buy' from ‘Neutral' and raised their price objective to $30 from $27, implying 22% upside from Friday's closing price.

PENN Entertainment analysts boost target price as ESPN Bet dominates

Netflix

Warner Bros Discovery Inc

Since the pandemic, streaming wars have heated up as media companies fight for customer eyeballs. Initially, this new entertainment paradigm triggered a content rush.

3 Streaming Stocks Set to Rule the Entertainment Industry

BofA Securities analyst Shaun Kelley upgrades Penn Entertainment to Buy from Neutral.

Penn Entertainment Stock Is Upgraded as ESPN Bet 'Dominating' Download Activity

DraftKings

ESPN BET, a collaboration between PENN Entertainment and ESPN/Disney, enters the sports betting market as a competitor to DraftKings. DraftKings posts strong Q3 results, becoming the top player in gross revenue for online sports betting and iGaming in the US. DraftKings has a strong customer experience and established brand, with opportunities for growth in the US and international markets.

DraftKings: ESPN BET Not As Much Of A Threat Right Now

There is an old saying–” the beatings will continue until morale improves.” Morale at The Walt Disney Co.

Disney Takes Another Beating

Advanced Micro Devices

Chevron

Palantir Technologies

PayPal

SoFi Technologies

In the tumultuous sea of the stock market, navigating waves of uncertainty often demands a keen eye for resilient investment opportunities. Amid market dips and fluctuations, strategic choices can be the life raft that keeps portfolios afloat.

Bargain Bonanza: The Top 7 Stocks to Snap Up During Market Dips

Disney CEO Bob Iger's rare candor about creative misses increases the pressure on leadership to ensure 2024's films hit quality standards.

Disney's box office problems ramp up pressure on CEO Bob Iger and studio chief Alan Bergman

Apple

Brookfield Renewable Partners

Brookfield Infrastructure

Blackrock Inc

Brookfield Corp

Canadian Natural Resources

Fortis

Home Depot

Magna International

Microsoft

Nutrien

Rogers Communications

Royal Bank of Canada

Starbucks

SPDR S&P 500 ETF Trust

AT&T

AT&T 5.35 % Notes 2017-01.11.66 Global

Toronto-Dominion Bank

TELUS

This month, I also took a deeper look at telecoms. What's going on with telcos? I have been asked this question often over the past few months. Why do they lag the market?

What's Going On With Telcos? - October Dividend Income Report

Disney and CEO Bob Iger will host a town hall for the entertainment giant's staffers, according to Bloomberg. It is scheduled for Nov. 28.

Disney CEO Bob Iger reportedly plans town hall for employees during turnaround

Corteva Inc

Estee Lauder

Etsy

Honeywell

NIKE

Raytheon Technologies

Although the equities sector has enjoyed a strong run recently, it might not be bad idea to consider wide-moat stocks. Sure, they're not the sexiest investment category to target.

The 7 Most Overlooked Wide-Moat Stocks

The Walt Disney Co. (NYSE: DIS) stock price has gone up for all the wrong reasons.

Why 3 Activist Investors Are Gunning for Disney CEO Bob Iger

You don't necessarily expect a well-established Dow component, a company that went public in 1957, to be among the top-performing S&P 500 stocks in the past five sessions.

New Disney investor propels stock to ranks of best S&P gainers

Disney (NYSE: DIS ) reported strong fiscal fourth-quarter results last week, but that's not what makes its stock a buy. There is likely to be more bad news in the quarters ahead that will make this report seem like a one-off.

Disney Stock Is a Buy, but Not Because of Q4 Earnings

Take-Two Interactive Software

While AMC Entertainment (NYSE: AMC ) stock was once the epitome of a strong entertainment stock thanks to “meme mania,” lately it has lost its appeal for investors. Looking ahead to 2024, you may be looking at alternative options for entertainment stocks.

Prime Time Picks: 3 Entertainment Stocks to Bet On Instead of AMC

BOSTON--(BUSINESS WIRE)--Black Friday researchers at Retail Egg are rounding-up any early Tonies & Toniebox deals and offers for Black Friday 2023.

Tonies & Toniebox Black Friday (2023): Round-up of Early PAW Patrol, Cocomelon, Disney, Marvel & More Offers Reported by Retail Egg

Disney's stock price could trade between $120 and $190 a share, far above its current $94.19 price, ValueAct has suggested.

Disney drama builds for Bob Iger as another activist investor builds large stake

The investor bought shares over the summer, when Disney stock was languishing around $80 a share.

Activist ValueAct Builds Stake in Disney

Walt Disney Co.'s stock DIS, +3.50% rose 3.6% Wednesday, after CNBC reported that ValueAct Capital has been building a stake in the company since the summer. The activist investor has held talks with Disney management and is still building out its position, CNBC reported.

News for Disney Stock (DIS)