On the occasion of the release of its quarterly results, Walt Disney now targets 25% growth in adjusted EPS for the full year, while continuing to aim for more than $8 billion in free cash flow.

In its second quarter (ended March), the media and entertainment giant saw its EPS adjusted for exceptional items rise by 30% to $1.21, with segment operating income up 17% to $3.84 billion.

Sales rose by 1% to just under 22.1 billion, with a 5% decline in its entertainment division offset by growth of 2% and 10% respectively in its sports and experiences divisions.

'Importantly, entertainment streaming proved profitable in the quarter, and we remain on track to achieve profitability for all streaming activities in the fourth quarter', points out its management.

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