The 4th quarter shareholders call for The Walt Disney Company is happening this afternoon and we’re getting started with sharing some of the initial financial details.

The company reported $23.51 billion in revenue for the first fiscal quarter of 2023; up 8% from the previous quarter. The earnings for the fourth quarter and the full 2022 fiscal year brought the company a total of $82 billion in revenue.

The adjusted earnings per share were $.99 from $1.06 in the prior-year quarter.

After a solid first quarter, we are embarking on a significant transformation, one that will maximize the potential of our world-class creative teams and our unparalleled brands and franchises. We believe the work we are doing to reshape our company around creativity, while reducing expenses, will lead to sustained growth and profitability for our streaming business, better position us to weather future disruption and global economic challenges, and deliver value for our shareholders.

Robert Iger, Chief Executive Officer, The Walt Disney Company

Stay tuned for more details on today’s earnings call!

The post Disney Parks Shares Big Earnings Results from Q4 first appeared on DIS.