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Walt Disney Second Quarter 2024 Earnings: US$0.011 loss per share (vs US$0.69 profit in 2Q 2023)

Walt Disney (NYSE:DIS) Second Quarter 2024 Results

Key Financial Results

  • Revenue: US$22.1b (up 1.2% from 2Q 2023).

  • Net loss: US$20.0m (down by 102% from US$1.27b profit in 2Q 2023).

  • US$0.011 loss per share (down from US$0.69 profit in 2Q 2023).

earnings-and-revenue-growth
earnings-and-revenue-growth

All figures shown in the chart above are for the trailing 12 month (TTM) period

Walt Disney Earnings Insights

Looking ahead, revenue is forecast to grow 4.9% p.a. on average during the next 3 years, compared to a 8.3% growth forecast for the Entertainment industry in the US.

Performance of the American Entertainment industry.

The company's shares are down 5.1% from a week ago.

Risk Analysis

You still need to take note of risks, for example - Walt Disney has 2 warning signs we think you should be aware of.

Have feedback on this article? Concerned about the content? Get in touch with us directly. Alternatively, email editorial-team (at) simplywallst.com.

This article by Simply Wall St is general in nature. We provide commentary based on historical data and analyst forecasts only using an unbiased methodology and our articles are not intended to be financial advice. It does not constitute a recommendation to buy or sell any stock, and does not take account of your objectives, or your financial situation. We aim to bring you long-term focused analysis driven by fundamental data. Note that our analysis may not factor in the latest price-sensitive company announcements or qualitative material. Simply Wall St has no position in any stocks mentioned.