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. My passion for all things Disney goes pretty far back to my first trip to Walt Disney World in the mid-80's. I have since returned to the magical place more than 20 times.I started this site when I came to the realization that I spent a significant portion of my day reading articles about Disney and watching Disney content with my 8-year old, so it made sense that I would start sharing some of what I read and see and building a little community around it.Other interests include 80's nostalgia, vintage toys, video games, LEGO, Star Wars and tech gadgets. Other sites include DMR and VideoGamesStats.com.