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The Walt Disney Companylargest entertainment company, released Financial results for the second quarter of the yearThis has had a positive impact on the market.
specific, Reported sales of $21.504 billionThat’s up 26% from $17.022 billion in the year-ago quarter and beat Wall Street estimates by 7%.
at the same time, Earnings per share (EPS) rose 36% year over year to $1.09When analysts and investors consensus for this second quarter of 2022 is $0.94.
On a segment basis, revenue in the entertainment and media segment grew 11%, while the parks, experiences and product categories grew 70%.
The company also announced that it has added 14.4 million subscribers to its Disney+ streaming platform.That beat the 9.8 million estimate and made up for what happened with competing alternatives like Netflix.
,We had an excellent quarter, with our world-class business and creative teams performing at our home theme parks, live sports ratings and substantial growth in subscriptions for our streaming services. ,Express bob capCEO of The Walt Disney Company.
“As we enter our second century, we will continue to transform entertainment, delivering compelling new stories across our multiple platforms, as well as unique immersive physical experiences that exceed our guests’ expectations, all for our Contributed by strong operating results in the quarter. Be reflected.”He added.
after the ad Disney shares up 10% in after-hours tradingToday, they are trading 7% higher than their previous pre-market close.
Invest in Disney from Argentina
For those interested, you can get Invest in Disney Quickly and EasilyIt is enough to open a large account with a stock company regulated by bull brokers such as the State Securities Commission, a free process of no more than five minutes, after depositing the required funds, to obtain a planter.
Argentine seeders or certificates of deposit are the equivalent of buying foreign-listed underlying shares (NYSE: DIS), but they can be denominated in pesos (BCBA: DISN) and follow CCL USD. , so they can avoid Argentine exposure while hedging against a potential currency rebound.
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