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$DIS Upcoming earnings estimated November 11, 2021

NYSE:DIS   Walt Disney Company (The)
Upcoming earnings estimated November 11, 2021.

Disney's FY 20 revenue was distributed as follows:

  • 28.39B Digital Media
  • 16.5B Parks, Experiences and Products
  • 9.64B Studio Entertainment
  • 16.97B Direct-to-consumer and International sales

Digital Media generated nearly 40% of total revenue and double any other source of revenue.

The revenue during the latest twelve months ending June 30, 2021 was $63.591B, a 8.9% decline year-over-year.
The revenue during the latest quarter ending June 30, 2021 was $17.022B, a 44.51% increase year-over-year.

Disney’s 2021 third-quarter Parks, Experiences and Products revenue segment jumped 307.6% to $4.3 billion, up from $1.06 billion during the same period last year.
In each of the previous five quarters, Disney has reported a loss in operating income in the segment because of the Covid-19 outbreaks.
Current reservations are above third-quarter attendance levels. However, recent increases in Covid-19 cases have prompted some group and convention cancellations.

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