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Disney Starts Off Its Fiscal 2019 By Beating Earnings Estimates

By John F. Heerdink, Jr.
Dow 30 Component, The Walt Disney Company (DIS),  and its subsidiaries is a diversified worldwide entertainment company that operates in four business segments: Studio Entertainment, Media Networks, Parks and Resorts, and Consumer Products & Interactive Media. The Walt Disney Company announced its first quarter earnings for the fiscal year 2019 on February 5, 2019. The company reported earnings of $1.84 per share, beating the estimates that called for $1.618 per share. The EPS saw a 3% decrease from the prior-year quarter.
After a solid first quarter, with diluted EPS of $1.86, we look forward to the transformative year ahead, including the successful completion of our 21st Century Fox acquisition and the launch of our Disney+ streaming service. Building a robust direct-to-consumer business is our top priority, and we continue to invest in exceptional content and innovative technology to drive our success in this space.” -said Robert A. Iger, Chairman and Chief Executive Officer, The Walt Disney Company
To learn more about this Dow 30 Component, The Walt Disney Company (DIS), and to continue to track its progress please visit the Vista Partners Walt Disney Company Coverage Page. Top View of Man Holding Android Smartphone Near Macbook and Newspaper Vista Partners LLC (”Vista”) is a California Registered Investment Advisor based in San Francisco. Vista delivers timely and relevant insights via the website: with daily stories, weekly market updates, monthly macroeconomic newsletters, podcasts, & Vista’s proprietary equity and market research to help you stay informed and stay competitive. Vista’s mission is to invest partner capital while arming investors with a comprehensive global financial perspective across all market sectors. Vista also seeks to provide select issuers with actionable advice regarding fundamental development, corporate governance, and capital market directives. Stay Informed! Stay Competitive! Join us at Vista Partners! It’s FREE to receive email updates.

The Walt Disney Company Reports First Quarter Earnings For Fiscal 2019 – The Walt Disney Company

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