February 8, 2023 The Walt Disney Company today reported earnings for its first quarter ended December 31, 2022.
Revenues for the quarter grew 8% to $23.51 billion.
Diluted earnings per share (EPS) from continuing operations for the quarter increased to $0.70 from $0.63 in the prior-year quarter.
Adjusted per-share earnings fell to $0.99 during the three months ended Dec. 31 from $1.06 a year earlier, compared with the consensus on Capital IQ for $0.79.
Excluding certain items, diluted EPS for the quarter decreased to $0.99 from $1.06 in the prior-year quarter.
The following table summarizes the first quarter results for fiscal 2023 and 2022 (in millions, except per share amounts):
segment revenue and segment operating income
Paid subscribers
THE WALT DISNEY COMPANY CONDENSED CONSOLIDATED STATEMENTS OF INCOME