LONDON, UK / ACCESSWIRE / December 26, 2017 / Active-Investors.com has just released a free earnings report on The Walt Disney Co. (NYSE: DIS). If you want access to this report all you need to do is sign up now by clicking the following link www.active-investors.com/registration-sg/?symbol=DIS. The Company posted its financial results on November 09, 2017, for the fourth quarter fiscal 2017. Register today and get access to over 1000 Free Research Reports by joining our site below:
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Active-Investors.com is focused on giving you timely information and the inside line on companies that matter to you. This morning, The Walt Disney most recent news is on our radar and our team decided to put out a fantastic report on the company that is now available for free below:
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Earnings Highlights and Summary
For three months ended September 30, 2017, Walt Disney’s revenues decreased 3% to $12.78 billion from $13.14 billion in Q4 FY16. The Company’s revenue was below analysts’ expectations of $13.23 billion.
During FY17, the Company’s revenue decreased 1% to $55.14 billion from $55.63 billion in FY16.
For the reported quarter, the Company’s segment operating income decreased 11% to $2.81 billion from $3.18 billion in Q4 FY16.
During Q4 FY17, Walt Disney’s earnings before tax (EBT) decreased 6.5% to $2.69 billion from $2.88 million in the same period last year. For the reported quarter, the Company’s EBT margin decreased 80 basis points to 21.1% of revenue from 21.9% of revenue in Q4 FY16.
For the reported quarter, Walt Disney’s net income decreased 1.4% to $1.87 billion from $1.89 billion in Q4 FY16. During Q4 FY17, the Company’s diluted EPS increased 3% to $1.13 on a y-o-y basis from $1.10 in the same period last year. For the reported quarter, Walt Disney’s adjusted net income decreased 6.9% to $1.77 billion from $1.90 billion in Q4 FY16. During Q4 FY17, the Company’s adjusted diluted EPS decreased 3% to $1.07 from $1.10 in the same period last year. Adjusted diluted EPS was below analysts’ expectations of $1.13.
During FY17, the Company’s net income decreased 4% to $8.98 billion from $9.39 billion in FY16. During FY17, the Company’s diluted EPS decreased 1% to $5.69 from $5.73 in FY16. During FY17, the Company’s adjusted diluted EPS was $5.70 compared to $5.72 in FY16.
Segment Details
Media Networks – During Q4 FY17, the Media Networks segment’s revenues decreased 3% to $5.47 billion from $5.66 billion in the same period last year. For the reported quarter, the segment’s operating income decreased 12% to $1.48 billion from $1.67 billion in Q4 FY16.
Parks and Resorts – During Q4 FY17, the Parks and Resorts segment’s net revenue increased 6% to $4.67 billion from $4.39 billion in the same period last year. For the reported quarter, the segment’s operating income increased 7% to $746 million from $699 million in Q4 FY16.
Studio Entertainment – During Q4 FY17, the Studio Entertainment segment’s net revenue decreased 21% to $1.43 billion from $1.81 billion in the same period last year. For the reported quarter, the segment’s operating income decreased 43% to $218 million from $381 million in Q4 FY16.
Consumer Products & Interactive Media – During Q4 FY17, the Consumer Products & Interactive Media segment’s net revenue decreased 6% to $1.22 billion from $1.29 billion in the same period last year. For the reported quarter the segment’s operating income decreased 12% to $373 million from $424 million in Q4 FY16.
Balance Sheet
As on September 30, 2017, Walt Disney’s cash and cash equivalents decreased 12.9% to $4.02 billion from $4.61 billion on October 01, 2016.
For the reported quarter, the Company’s receivables decreased 4.8% to $8.63 billion from $9.07 billion in Q4 FY16. For the reported quarter, the Company’s accounts payable and other accrued liabilities decreased 3% to $8.86 billion from $9.13 billion in Q4 FY16.
During FY17, Walt Disney’s net cash provided by operating activities decreased 6% to $12.34 billion from $13.14 billion in FY16. During FY17, Walt Disney’s free cash flow increased 4% to $8.72 billion from $8.36 billion in FY16.
On November 29, 2017, the Company’s Board of Directors announced a semi-annual cash dividend of $0.84 per share, payable on January 11, 2018, to shareholders of record at the close of business on December 11, 2017.
Stock Performance Snapshot
December 22, 2017 – At Friday’s closing bell, The Walt Disney’s stock was marginally down 0.82%, ending the trading session at $108.67.
Volume traded for the day: 7.37 million shares.
Stock performance in the last month – up 5.77%; previous three-month period – up 9.14%; past twelve-month period – up 3.08%; and year-to-date – up 4.27%
After last Friday’s close, The Walt Disney’s market cap was at $165.48 billion.
Price to Earnings (P/E) ratio was at 19.13.
The stock has a dividend yield of 1.55%.
The stock is part of the Services sector, categorized under the Entertainment – Diversified industry. This sector was flat at the end of the session.
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