The Walt Disney Company Reports Q3 Earnings: EPS Of $1.01, Increase Of 31%

Posted on Aug 9 2012 - 4:45am by Editorial Staff

The Walt Disney Company has reported earnings for its third fiscal quarter and nine months ended June 30, 2012.  Diluted earnings per share (EPS) for the third quarter increased 31% to $1.01 from $0.77 in the prior-year quarter.   Diluted EPS for the nine-months ended June 30, 2012 was $2.44 compared to $1.93 in the prior-year period.

The company reported the revenues of $11,008 million for the quarter, ended June 30, 2012, which is an increase of 4% from the same quarter a year ago. The segment operating income was $3,236 million, an up of 18% from the same quarter a year ago. The net income was $1,831 million, an increase of 24% from the quarter a year ago.

Business Highlights:

  • Media Networks: Media Networks revenues for the quarter increased 3% to $5.1 billion and segment operating income increased 2% to $2.1 billion.
  • Parks and Resorts: Parks and Resorts revenues for the quarter increased 9% to $3.4 billion and segment operating income increased 21% to $630 million. Results for the quarter were driven by increases at Tokyo Disney Resort, Disney Cruise Line and the domestic parks and resorts.
  • Studio Entertainment: Studio Entertainment revenues were essentially flat at $1.6 billion and segment operating income increased $264 million to $313 million.
  • Consumer Products: Consumer Products revenues increased 8% to $742 million and segment operating income increased 35% to $209 million.
  • Interactive: Interactive revenue for the quarter decreased 22% to $196 million and segment operating results improved from a loss of $86 million in the prior-year quarter to a loss of $42 million in the current quarter.
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