17:47 - 5.02.2025

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February 5, Fineko/abc.az. Walt Disney Co., the world's largest entertainment and media company, increased its net profit in the first fiscal quarter by 34% and revenue by 5%.

ABC.AZ informs that according to Fisney’s a press release, net income for the quarter ended December 28, 2024, was $2.55 billion, compared with $1.91 billion for the comparable period of the previous year. Earnings per share rose to $1.4 from $1.04. Earnings excluding one-time factors increased by 44% to $1.76 per share, which was significantly better than the average forecast of analysts polled by FactSet of $1.45 per share.

Disney's quarterly revenue grew by 5% to $24.7 billion, also exceeding the consensus forecast of experts ($24.67 billion).