A DTC Income Dip Dings Disney in Fiscal Q2

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The Walt Disney Co. at Wednesday’s Closing Bell on Wall Street released its fiscal Q2 2022 financial report. And, while revenue climbed by 23%, net income and Earnings Per Share for its continuing operations sank by 48%.


Don’t look to the theme parks for reasons as to why this transpired. The answers lay within the Disney Media and Entertainment Distribution segment and, specifically, its direct-to-consumer income.

Uh, oh, Disney+.

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