Walt Disney Q4 Adj $0.82 Beats $0.70 Estimate, Sales $21.24B Miss $21.33B Estimate
Portfolio Pulse from Benzinga Newsdesk
Walt Disney reported Q4 earnings of $0.82 per share, beating the analyst consensus estimate of $0.70 by 17.14%. However, the company's quarterly sales of $21.24 billion missed the analyst consensus estimate of $21.33 billion by 0.40%. This represents a 173.33% increase in earnings and a 5.41% increase in sales compared to the same period last year.
November 08, 2023 | 9:06 pm
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NEUTRAL IMPACT
Disney's Q4 earnings exceeded expectations, but sales fell short of estimates. This mixed report may lead to uncertain short-term price movements.
While Disney's earnings beat is a positive signal, the sales miss could offset this. Investors may react differently to these mixed results, leading to uncertain short-term price movements.
CONFIDENCE 90
IMPORTANCE 80
RELEVANCE 100