Walt Disney delivers on quarter and year

Note: This section contains information in English only.
Source: Dukascopy Bank SA


Disney posted strong Q4 results, with segment operating income up 23% and adjusted EPS rising 39% to $1.14. For the year, segment operating income grew 21%, and adjusted EPS increased 32% to $4.97.

The Entertainment segment saw a $0.8 billion increase in operating income to $1.1 billion. Disney+ Core and Hulu had 174 million subscriptions, including 120 million paid Disney+ subscribers. Inside Out 2 and Deadpool & Wolverine drove $316 million in content licensing income. The Sports segment had operating income of $0.9 billion, down slightly, but ESPN's domestic ad revenue grew 7%

Walt Disney stock almost hit the $115.00 mark during Thursday's trading by gaining almost 12.00%.

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