Disney Q2 Revenue Misses Estimates but EPS Beats

Earnings

โดย Yahoo Finance·

Summary · why it matters

Disney reported second-quarter revenues of $25.25 billion, up 6.8% year on year, falling short of analysts' expectations by 0.6% but beating EPS estimates. Among the seven consumer discretionary media stocks tracked, News Corp was the best performer with revenues of $2.34 billion, up 10.8% year on year and beating estimates by 4.1%, while Scholastic was the weakest with revenues of $476.1 million, down 6.3% year on year and missing estimates by 7.9%. Warner Music Group reported revenues of $1.86 billion, up 10.4% year on year and beating estimates by 3.8%, and The New York Times reported revenues of $762.5 million, up 11.2% year on year and beating estimates by 1.4%. As a group, revenues missed analysts' consensus estimates by 0.8%, and share prices have held steady on average since the latest earnings results.