Disney Q4 Earnings Surpass Estimates, Revenues Increase Y/Y

The Walt Disney Company (DIS) reported fourth-quarter fiscal 2024 adjusted earnings of $1.14 per share, which beat the Zacks Consensus Estimate by 4.59% and increased 39% year over year.Revenues rose 6.3% year over year to$ 22.5 billion and missed the consensus mark by 0.9%.Segment DetailsMedia and Entertainment Distribution revenues (48% of revenues) increased 13.7% year over year to $10.82 billion.Revenues from Linear Networks declined 6.4% year over year to$ 2.46 billion. Direct-to-Consumer revenues incr ...