Walt Disney Company Reports Q1 FY 2017 Earnings

The Walt Disney Company reported their 1st Quarter Fiscal Year 2017 (Q4 calendar year 2016) earnings  and the results so so, with lower revenue and income compared to the same period last year but a strong parks and resorts performance.

Walt Disney Company Reports Q1 FY 2017 Earnings Highlights:

  • $3.956 billion in quarterly income which was $311 million less than the same quarter last year
  • $14.784 billion in quarterly revenue which was $460 million less than the same quarter last year
  • 2% decrease in revenue from media networks (cable & broadcast) from the same quarter last year
  • 6% increase in revenue from parks and resorts from the same quarter last year
  • 7% decrease in revenue from studio entertainment from the same quarter last year
  • 23% decrease in revenue from consumer products & interactive media from the same quarter last year (mostly due to the continued decline in Frozen sales and less interest in Rogue One products than in The Force Awakens. Oh, and killing off Disney Infinity probably didn’t help either.)

Looking forward, the current quarter isn’t expected to be as active as many in the past few years, but it will contain a portion of the Rogue One box office and the opening of a new live-action Beauty and the Beast.

For more revenue, attendance and other Disney Statistics, please visit: 160 Amazing Disney Statistics and Fun Facts.

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About the Author

Craig Smith
I am founder and editor of DisneyNews.us and DisneyEverything.com My passion for all things Disney goes pretty far back but was deepened by two semi-recent developments:1) The birth of my son (who is now 6 years old and can't get enough Disney); and 2) Disney’s purchase of Lucasfilm/Star Wars (did I mention I was a super Star Wars geek?)I recently came to the realization that I spent a significant portion of my day reading articles about Disney and watching it with my son, so it only made sense that I would start sharing some of what I read and see and building a little community around it.

Comments

  1. […] Update 2/7/17: Disney just released their quarterly earnings for Q1 FY 2017. Some of those numbers are included in this post below and more Disney Earnings info can be found here. […]