Walt Disney beats by $0.03, reports revs in-line; guides FY25 EPS above consensus; provides outlooks for FY26 and FY27 (102.72)
- Reports Q4 (Sep) earnings of $1.14 per share, excluding non-recurring items, $0.03 better than the FactSet Consensus of $1.11; revenues rose 6.3% year/year to $22.57 bln vs the $22.49 bln FactSet Consensus.
- Co issues upside guidance for FY25, sees EPS of high-single digit growth vs. +4% yr/yr $5.17 FactSet Consensus.
- Approximately $15 billion in cash provided by operations
- Approximately $8 billion of capital expenditures
- Target dividend growth that tracks our earnings growth
- Targeting $3 billion in stock repurchases
- Fiscal 2026:
- Double digit adjusted EPS growth
- Double digit growth in cash provided by operations
- Fiscal 2027:
- Double digit adjusted EPS growth