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Stock impact report

Disney Stock Rises as Streaming Profit, Experiences Revenue Grow [Yahoo! Finance]

Electronic Arts Inc. (EA) 
Last electronic arts inc. earnings: 1/30 04:01 pm Check Earnings Report
US:NASDAQ Investor Relations: investor.ea.com
Company Research Source: Yahoo! Finance
The entertainment giant reported $22.57 billion in revenue, up from $21.24 billion last year and narrowly above the $22.50 billion analysts expected , according to Visible Alpha. Disney posted net income of $460 million, or 25 cents per share, well below estimates of $1.74 billion, or $0.96 per share. After accounting for about $1.5 billion in one-time charges like restructuring costs, Disney's adjusted earnings per share (EPS) came in at $1.14, just above estimates of $1.11. Disney's streaming business—comprised of Disney+, Hulu, and ESPN+— recorded an operating profit of $253 million after posting a combined profit for the first time last quarter. Chief Executive Officer (CEO) Bob Iger said last quarter that Disney expects the services to "grow nicely in fiscal 2025." Revenue in Disney's Experiences segment, which includes its theme parks and cruise ships, was $8.24 billion, up slightly from $8.16 billion last year as slower discretionary spending from consumers has impacted Show less Read more
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