* Walt Disney Co reported quarterly adjusted earnings of $1.14 per share for the quarter ended September 30, higher than the same quarter last year, when the company reported EPS of 82 cents. The mean expectation of twenty four analysts for the quarter was for earnings of $1.10 per share. Wall Street expected results to range from 99 cents to $1.22 per share.
* Revenue rose 6.3% to $22.57 billion from a year ago; analysts expected $22.45 billion.
* Walt Disney Co's reported EPS for the quarter was 25 cents.
* The company reported quarterly net income of $460 million.
* Walt Disney Co shares had risen by 6.8% this quarter and gained 13.8% so far this year.
FORECAST CHANGES
* The mean earnings estimate of analysts had fallen by about 0.1% in the last three months.
* In the last 30 days, there have been no negative revisions of earnings estimates
RECOMMENDATIONS
* The current average analyst rating on the shares is "buy" and the breakdown of recommendations is 23 "strong buy" or "buy," 10 "hold" and 1 "sell" or "strong sell."
* The average consensus recommendation for the broadcasting peer group is also "buy"
Wall Street's median 12-month price target for Walt Disney Co is 115.00 This summary was machine generated from LSEG data November 14 at 09:00 p.m. UTC. All figures in US dollars unless otherwise stated. (For questions concerning the data in this report, contact Estimates.Support@lseg.com. For any other questions or feedback, contact RefinitivNewsSupport@thomsonreuters.com) QUARTER ENDING ESTIMATE ACTUAL BEAT, MET,
MISSED
Sep. 30 2024 1.10 1.14 Beat
Jun. 30 2024 1.19 1.39 Beat
Mar. 31 2024 1.10 1.21 Beat
Dec. 31 2023 0.99 1.22 Beat
