Walt Disney Company Reports Second Quarter Earnings for 2022

Please note: some posts may contain affiliate links which means our team could earn money if you purchase products from our site

The Walt Disney Company today reported earnings for its second fiscal quarter of 2022.

The company reported a revenue of $19.25 billion in the quarter. Disney announced during the call that there are 205 million subscribers across all of its direct-to-consumer services, including 7.9 million new subscribers to Disney+, which keeps Disney on track to reach 230 to 260 million subscribers by fiscal year 2024.

In Q2, revenue grew 23 percent. Disney’s diluted earnings per share (EPS) decreased to $0.26 from $0.50 in the prior-year quarter. Excluding certain items, diluted EPS for the quarter increased to $1.08 from $0.79 in the prior-year quarter.

Related: Walt Disney Company has removed Geoff Morrell as its head of corporate affairs


“Our strong results in the second quarter, including fantastic performance at our domestic parks and continued growth of our streaming services—with 7.9 million Disney+ subscribers added in the quarter and total subscriptions across all our DTC offerings exceeding 205 million—once again proved that we are in a league of our own.”

—Bob Chapek, Chief Executive Officer, The Walt Disney Company.

“As we look ahead to Disney’s second century, I am confident we will continue to transform entertainment by combining extraordinary storytelling with innovative technology to create an even larger, more connected, and magical Disney universe for families and fans around the world.”

Related: The Walt Disney Company Earns 6 Academy Awards for 2022.

Come back here on Chip & Co. for the latest theme park and entertainment news updates!


D2T-1

Let our friends at Destinations to Travel help you book your next Disney Vacation. They are the preferred Travel Agency of Chip and Company and Disney Addicts, and who we use ourselves.

Get started below for your FREE No Obligation Quote.

Book With our friends at Destinations to Travel

Name(Required)
MM slash DD slash YYYY
This field is for validation purposes and should be left unchanged.

For the BEST in Disney, Universal, Dollywood, and SeaWorld Theme Park News, Entertainment, Merchandise & More follow us on, Facebook, Instagram, and Youtube. Don't forget to check out the Chip and Company Radio Network too!


Written by:

2,015 Posts

Kevin is an Orlando, FL resident and Disney enthusiast. Other interests include movies, classic rock, sports, comedy, cooking, and enjoying outdoor activities.
View All Posts
Follow Me :