Walt Disney Co Posts Higher Q4 Results; Beats Estimates (DIS)

After the closing bell on Thursday, The Walt Disney Company (DIS) reported its fourth quarter results, posting higher revenues and net income than last year’s Q4 results.

DIS’s Earnings in Brief

The Walt Disney Company reported fourth quarter revenues of $12.4 billion, which are up 7% over last year’s Q4 revenues of $11.6 billion. Net income for the quarter came in at $1.5 billion, or 86 cents per share, up from last year’s Q4 figures of $1.4 billion, or 77 cents per share. On an adjusted basis, the company’s EPS came in at 89 cents. The company's Q4 results beat analysts’ estimates of 88 cents EPS on revenues of $12.37 billion.

CEO Commentary

DIS CEO Robert A. Iger had the following comments: "Our results for Fiscal 2014 were the highest in the Company's history, marking our fourth consecutive year of record performance. We're obviously very pleased with this achievement and believe it reflects the extraordinary quality of our content and our unique ability to leverage success across the Company to create significant value, as well as our focus on embracing and adapting to emerging consumer trends and technology."

DIS’s Dividend

The Walt Disney Company pays an annualized dividend, which it normally raises at the end of November or the beginning of December.

Stock Performance

After closing out the day up 1%, DIS stock was down $1.20, or 1.3%, in after hours trading. YTD, the stock is up 19.31%.

DIS Dividend Snapshot

As of Market Close on November 6, 2014

Click here to see the complete history of DIS dividends.