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Walt Disney announced earnings per share of $0.30 on revenue of $20.15B. Analysts polled by Investing.com anticipated EPS of $0.59 on revenue of $21.38B.
Walt Disney shares are down 35% from the beginning of the year, still down 44.27% from its 52 week high of $179.25 set on November 8, 2021.
Walt Disney shares lost 6.21% in after-hours trade following the report.
Walt Disney’s report follows an earnings missed by Alphabet C on October 25, who reported EPS of $1.06 on revenue of $69.09B, compared to forecasts EPS of $1.28 on revenue of $71.34B.
Meta Platforms had missed expectations on October 26 with third quarter EPS of $1.64 on revenue of $27.71B, compared to forecast for EPS of $1.93 on revenue of $27.57B.
Stay up-to-date on all of the upcoming earnings reports by visiting Investing.com’s earnings calendar
