CFDs are a leveraged product and can result in losses that exceed deposits. Please ensure you fully understand how CFDs work and what their risks are, and take care to manage your exposure. CFDs are a leveraged product and can result in losses that exceed deposits. Please ensure you fully understand how CFDs work and what their risks are, and take care to manage your exposure.

Disney share price up 1% on Q2 results revenue beat

The entertainment company's stock rises after a positive Q2 earnings report.

Disney share price is up 1% after its Q2 earnings reports beat Wall Street estimates.

Disney earnings: key figures

Earnings per share $1.61
Revenue $14.92 billion
Theme park revenue $1.5 billion
Studio entertainment revenue $534 million

Disney share price up as Q2 results beat estimates

Disney’s Q2 earnings per share were $1.61, exceeding the $1.58 predicted by financial experts. Disney’s Q2 revenue was $14.92 billion, surpassing the projected $14.36 billion. The corporation’s revenue likely grew with the completed $71 billion acquisition of 21st Century Fox. Disney’s Q2 results included ownership of Fox for the past two weeks, with Fox’s revenue totaling $373 million.

The company’s theme park revenue surged to $1.5 billion, an increase of 15%. Disney’s theme parks likely increased revenue because of raised ticket prices in anticipation of its ‘Star Wars’ rides later in the year.

Disney’s Q2 earnings also grew because of its investment in streaming video, with $955 million in revenue from its sports app, ESPN+ and stake in streaming company Hulu.

The only negative statistic was studio entertainment income. There was a lack of a blockbuster movie in the last quarter, but revenue from current hit ‘Avengers:Endgame’ will be factored into Disney’s Q3 earnings.

Chief executive officer, (CEO), Bob Iger, spoke about Disney’s Q2 profits in a statement.

‘The positive response to our direct-to-consumer strategy has been gratifying, and the integration of the businesses we acquired from 21st Century Fox only increases our confidence in our ability to leverage decades of iconic storytelling and the powerful creative engines across the entire company to deliver an extraordinary value proposition to consumers,’ said Iger.

How did Disney’s Q2 earnings compare to other entertainment companies?

Disney’s Q2 revenue was positive compared to rival Netflix. Disney is launching a streaming service, Disney +, to compete with Netflix later this year, and both corporations beat Wall Street estimates.

Disney's Q2 earnings grow from theme parks and Fox merger

Disney’s Q2 revenue increased from the live entertainment of theme parks and video content of Fox, ESPN, and Hulu. The entertainment company hopes to add more consumers with Disney+ in the future.


This information has been prepared by IG, a trading name of IG Limited. In addition to the disclaimer below, the material on this page does not contain a record of our trading prices, or an offer of, or solicitation for, a transaction in any financial instrument. IG accepts no responsibility for any use that may be made of these comments and for any consequences that result. No representation or warranty is given as to the accuracy or completeness of this information. Consequently any person acting on it does so entirely at their own risk. Any research provided does not have regard to the specific investment objectives, financial situation and needs of any specific person who may receive it. It has not been prepared in accordance with legal requirements designed to promote the independence of investment research and as such is considered to be a marketing communication. Although we are not specifically constrained from dealing ahead of our recommendations we do not seek to take advantage of them before they are provided to our clients.
CFDs are a leveraged products. CFD trading may not be suitable for everyone and can result in losses that exceed your initial deposit, so please ensure that you fully understand the risks involved.

Act on share opportunities today

Go long or short on thousands of international stocks with CFDs.

  • Get full exposure for a comparatively small deposit
  • Trade on spreads from just 0.1%
  • Get greater order book visibility with direct market access

See opportunity on a stock?

Try a risk-free trade in your demo account, and see whether you’re on to something.

  • Log in to your demo
  • Try a risk-free trade
  • See whether your hunch pays off

See opportunity on a stock?

Don’t miss your chance – upgrade to a live account to take advantage.

  • Trade a huge range of popular stocks
  • Analyse and deal seamlessly on fast, intuitive charts
  • See and react to breaking news in-platform

See opportunity on a stock?

Don’t miss your chance. Log in to take advantage while conditions prevail.

Live prices on most popular markets

  • Forex
  • Shares
  • Indices
liveprices.javascriptrequired
liveprices.javascriptrequired
liveprices.javascriptrequired

Prices above are subject to our website terms and agreements. Prices are indicative only. All shares prices are delayed by at least 15 mins.

Plan your trading week

Get the week’s market-moving news sent directly to your inbox every Friday. The Week Ahead gives you a full calendar of upcoming economic events, as well as commentary from our expert analysts on the key markets to watch.

For more info on how we might use your data, see our privacy notice and access policy and privacy webpage.

You might be interested in…

Find out what charges your trades could incur with our transparent fee structure.

Discover why so many clients choose us, and what makes us a world-leading provider of CFDs.

Stay on top of upcoming market-moving events with our customisable economic calendar.