Disney (DIS) Tops Q1 EPS by 20c
Disney (NYSE: DIS) reported Q1 EPS of $1.27, $0.20 better than the analyst estimate of $1.07. Revenue for the quarter came in at $13.39 billion versus the consensus estimate of $12.85 billion.
“This was yet another incredibly strong quarter for our Company, with diluted EPS up 23% driven by record revenue as well as significant growth in segment operating income,” said Robert A. Iger, chairman and chief executive officer, The Walt Disney Company. “Our results once again reflect the strength of our brands and high quality content and demonstrate that our proven franchise strategy creates long-term value across all of our businesses.”
SEGMENT RESULTS
The following table summarizes the first quarter segment operating results for fiscal 2015 and 2014 (in millions):
| Quarter Ended | ||||||||||
| December 27,2014 | December 28,2013 | Change | ||||||||
| Revenues: | ||||||||||
| Media Networks | $ | 5,860 | $ | 5,290 | 11 | % | ||||
| Parks and Resorts | 3,910 | 3,597 | 9 | % | ||||||
| Studio Entertainment | 1,858 | 1,893 | (2 | )% | ||||||
| Consumer Products | 1,379 | 1,126 | 22 | % | ||||||
| Interactive | 384 | 403 | (5 | )% | ||||||
| $ | 13,391 | $ | 12,309 | 9 | % | |||||
| Segment operating income: | ||||||||||
| Media Networks | $ | 1,495 | $ | 1,455 | 3 | % | ||||
| Parks and Resorts | 805 | 671 | 20 | % | ||||||
| Studio Entertainment | 544 | 409 | 33 | % | ||||||
| Consumer Products | 626 | 430 | 46 | % | ||||||
| Interactive | 75 | 55 | 36 | % | ||||||
| $ | 3,545 | $ | 3,020 | 17 | % | |||||
For earnings history and earnings-related data on Disney (DIS) click here.