'Finding Dory,' Marvel Help Disney Beat Estimates

'Finding Dory,' Marvel Help Disney Beat Estimates

Assessment

Interactive Video

Business, Performing Arts

University

Hard

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Quizizz Content

FREE Resource

Disney reported earnings of $1.62 per share, slightly above analyst estimates, with revenue of $14.3 billion, surpassing expectations. Despite missing consensus estimates in media networks and parks, Disney's studio entertainment exceeded expectations due to successful movies like Finding Dory and Zootopia. Disney acquired a minority stake in Bam Tech, a digital streaming technology company, to enhance ESPN's offerings. Despite some revenue misses, Disney's stock showed minimal decline, and ESPN's operating income increased due to higher affiliate and advertising revenue.

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5 questions

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1.

MULTIPLE CHOICE QUESTION

30 sec • 1 pt

What was Disney's earnings per share that topped the average analyst estimate?

$1.70

$1.65

$1.60

$1.62

2.

MULTIPLE CHOICE QUESTION

30 sec • 1 pt

Which segment of Disney's business missed the consensus revenue estimate?

Consumer Interactive

Parks and Resorts

Media Networks

Studio Entertainment

3.

MULTIPLE CHOICE QUESTION

30 sec • 1 pt

Which Disney movie was highlighted as a major contributor to studio entertainment revenue?

Zootopia

Deadpool

The Jungle Book

Finding Dory

4.

MULTIPLE CHOICE QUESTION

30 sec • 1 pt

What is Bam Tech associated with?

Disney's Theme Parks

Major League Baseball's digital streaming

Disney's Consumer Products

Disney's Media Networks

5.

MULTIPLE CHOICE QUESTION

30 sec • 1 pt

How did Disney's stock perform in after-hours trading following the announcement of the Bam Tech acquisition?

Increased by 1%

Remained unchanged

Decreased by 1%

Decreased by less than 1%