Home Featured Walt Disney:Q2 2023 Earnings Preview

Walt Disney:Q2 2023 Earnings Preview


It is important to note that the word “you” means “you”. (Walt Disney),a diversified international family entertainment and media enterprise founded since 1923, shall release its Q2 2023 earnings result on May 10th (Wednesday), after market close. Disney Media and Entertainment Distribution and Disney Parks, Experiences and Products make up the company’s two main segments. The former covers the company’s global film, television content production and distribution activities, while the latter encompasses parks and experiences and consumer products.

Fig.1: Walt Disney Revenue (in billion US dollars). Source: Statista

Walt Disney created $23.5B Revenues in Q1 2023 are up. 16.67% From the previous quarter and up 7.75% Comparing the same period in last year. According to an official report $8.7B Disney Parks segment generated revenues of $39 million, up from $31 million in 2009. 21% The previous quarter. It also reflects a segment operating profit that is up. 25% (q/q). $3.1BThe increase in guest numbers and spending at hotels, theme parks, and cruises has been a major factor.

Figure 2: Disney Media and Entertainment’s Revenues and Operating Profit. Source:  Walt Disney

On the contrary, the company’s Media and Entertainment Distribution generated an increase of only 1% in total revenue for the…

Continue reading…