Disney impresses again led by ESPN and kids movies


Disney (DIS) blows past profit estimates for Q4 on solid revenue gains across segments. Close to half of the company's profit was derived from Media Networks, led by ESPN once again.

Disney segment revenue: Parks and Resorts +6% to $3.98B; Studio Entertainment 23% to $1.89B; Media Networks +4% to $5.29B; Consumer Products +11% to $1.13BM; Interactive +388% to $403M.

Frozen and Thor: The Dark World drove studio revenue and the company noted a boost from SVOD. Marketing costs were lower during the period with Disney placing just a few high-stakes movie bets.

Theme parks saw increased guest spending and higher ticket prices. The rate of growth for the segment beat Universal's handily for an overlapping period.

DIS +1.9% AH.

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Comments (4)
  • deercreekvols
    , contributor
    Comments (9517) | Send Message
     
    Not only is the movie "Frozen" raking it in, the soundtrack is #1 for the fourth week in a row...Long DIS and enjoying the ride...
    5 Feb 2014, 08:46 PM Reply Like
  • scott trader
    , contributor
    Comments (6964) | Send Message
     
    Raking it in soon inChina and japan this week also...
    5 Feb 2014, 10:09 PM Reply Like
  • Minutemen
    , contributor
    Comments (2271) | Send Message
     
    It's been very easy to be long DIS. Loving Mickey Mouse & Co. Too bad there will not be any animated features from DIS in 2014, but they should still do very well. Looking forward to 2015 and beyond!
    6 Feb 2014, 10:16 AM Reply Like
  • nautor42
    , contributor
    Comments (194) | Send Message
     
    While not animated, they've got the Muppets movie going for them. Other than Capt America no real tent poles. I think Million dollar arm will be a nice surprise. Kind of a Kumar likes baseball flick. Plus it should play well in India and other Asian baseball loving nations. 2015 though will be massive; Pixar, Avengers 2, and the 800lb Gorilla, Star Wars. They also seem to have a good handle on how to play the future of TV.
    6 Feb 2014, 05:52 PM Reply Like
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