The Walt Disney Company Executives Share Commentary on Fiscal Third Quarter 2024 Financial Results

Rhea-AI Summary

The Walt Disney Company (NYSE: DIS) has released its fiscal third quarter 2024 financial results, along with prepared commentary from CEO Robert A. Iger and CFO Hugh F. Johnston. The company will host a live audio Q&A webcast to discuss the results at 8:30 a.m. ET / 5:30 a.m. PT. Investors can access the earnings release, Form 10-Q, and executive commentary at www.disney.com/investors. The webcast will also be available at the same website and will be archived for future reference.

Insights

Financial Analyst

Disney's Q3 2024 financial results release is a important event for investors. While specific figures aren't provided in this announcement, the fact that CEO Robert A. Iger and CFO Hugh F. Johnston are sharing commentary suggests significant developments in the company's performance.

Investors should pay close attention to several key areas during the Q&A:

• Streaming performance, particularly Disney+ subscriber growth and profitability
• Theme park attendance and revenue, especially given post-pandemic recovery
• Film and TV studio performance, considering recent box office results
• Progress on cost-cutting initiatives announced earlier

The timing of this release, just before market open, allows for immediate market reaction. Expect increased trading volume and potential volatility in DIS stock as investors digest the results and executive commentary.

Market Research Analyst

This earnings release comes at a critical juncture for Disney. The media landscape is rapidly evolving, with streaming wars intensifying and traditional TV facing challenges. Key points to watch:

• Any shifts in Disney's streaming strategy, especially regarding bundling or pricing
• Performance of Disney's ad-supported tier and its impact on ARPU
• Updates on international expansion plans, particularly in high-growth markets
• Synergies between different business segments (e.g., how IP from studios translates to theme park attractions)

Investor sentiment may be influenced by how well Disney is navigating these industry-wide challenges. Look for comparisons to competitors like Netflix and Warner Bros. Discovery in the Q&A session to gauge Disney's relative market position.

BURBANK, Calif.--(BUSINESS WIRE)-- The Walt Disney Company (NYSE: DIS) posted prepared executive commentary from Chief Executive Officer Robert A. Iger and Chief Financial Officer Hugh F. Johnston, along with its earnings release and Form 10-Q, regarding its fiscal third quarter 2024 financial results at www.disney.com/investors.

Disney will host a live audio Q&A webcast to discuss the financial results beginning at 8:30 a.m. ET / 5:30 a.m. PT. To listen to the Q&A webcast, please visit www.disney.com/investors. The webcast will be archived.

Materials and webcast may include forward-looking information.

View source version on businesswire.com: https://www.businesswire.com/news/home/20240806034037/en/

Alexia Quadrani

Investor Relations

(818) 560-6601

David Jefferson

Corporate Communications

(818) 560-4532

Source: The Walt Disney Company

FAQ

When will Disney (DIS) host its Q3 2024 earnings call?

Disney (DIS) will host a live audio Q&A webcast to discuss its fiscal third quarter 2024 financial results on the same day as the release, beginning at 8:30 a.m. ET / 5:30 a.m. PT.

Where can I find Disney's (DIS) Q3 2024 financial results?

Disney's (DIS) fiscal third quarter 2024 financial results, including the earnings release, Form 10-Q, and executive commentary, can be found at www.disney.com/investors.

Who will provide commentary on Disney's (DIS) Q3 2024 results?

Chief Executive Officer Robert A. Iger and Chief Financial Officer Hugh F. Johnston will provide prepared commentary on Disney's (DIS) fiscal third quarter 2024 financial results.

Will Disney's (DIS) Q3 2024 earnings webcast be available for replay?

Yes, Disney (DIS) will archive the Q3 2024 earnings webcast on their investor relations website, www.disney.com/investors, for future reference.