The Walt Disney Company Reports First Quarter Earnings For Fiscal 2015
ADVERTISEMENT
1
2
3
4
5
6
7
8
9
10
11
12
13
14FOR IMMEDIATE RELEASE
February 3, 2015
THE WALT DISNEY COMPANY REPORTS
FIRST QUARTER EARNINGS FOR FISCAL 2015
BURBANK, Calif. – The Walt Disney Company today reported earnings for its first fiscal quarter
ended December 27, 2014. Diluted earnings per share (EPS) for the first quarter increased 23% to $1.27
from $1.03 in the prior-year quarter.
“This was yet another incredibly strong quarter for our Company, with diluted EPS up 23% driven by
record revenue as well as significant growth in segment operating income,” said Robert A. Iger, chairman
and chief executive officer, The Walt Disney Company. “Our results once again reflect the strength of our
brands and high quality content and demonstrate that our proven franchise strategy creates long-term
value across all of our businesses.”
The following table summarizes the first quarter results for fiscal 2015 and 2014 (in millions, except
per share amounts):
Quarter Ended
December 27,
December 28,
2014
2013
Change
Revenues
$
13,391
$
12,309
9 %
(1)
Segment operating income
$
3,545
$
3,020
17 %
(2)
Net income
$
2,182
$
1,840
19 %
(2)
Diluted EPS
$
1.27
$
1.03
23 %
Cash provided by operations
$
1,855
$
1,212
53 %
(1)
Free cash flow
$
857
$
554
55 %
(1)
Aggregate segment operating income and free cash flow are non-GAAP financial measures. See the discussion of non-
GAAP financial measures that follows.
(2)
Reflects amounts attributable to shareholders of The Walt Disney Company, i.e. after deduction of noncontrolling interests.
1
ADVERTISEMENT
0 votes
Related Articles
Related forms
Related Categories
Parent category: Business