The Walt Disney Co. announced their Q1, 2022 fiscal year results on Feb. 9, posting higher revenue numbers from media distribution, Disney+ subscriptions, and theme parks, exceeding expectations of Wall Street analysts.
At $21.819 billion, total revenue for the quarter was 34 percent higher compared to the same period last year. Total segment operating income rose by 100 percent to $3.258 billion. The company declared earnings per share (EPS) of $1.06 according to its earnings release (pdf), while Wall Street predicted revenues to be around $18.78 billion and an EPS of $0.58.
