The Walt Disney Company has released their 2022 first quarter report. This financial quarter began October 3, 2021.
Last year, The Walt Disney Company made $16.25 billion in this quarter. This year, Disney’s total revenue was $21.82 billion, beating expectations of approximately $18.63 billion.
Expectations for Disney’s earnings per share (EPS) was $0.61, but it ended up being $1.06.
Disney Parks made $7.2 billion when the expectation was $6.13 billion. This more than doubled from the first quarter of 2021.
In the fourth quarter of 2021, Disney Parks also doubled their revenue from the fourth quarter of 2020.
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