The walt disney company reports q1 earnings per share $1.53 excluding items

The walt disney company reports first quarter earnings for fiscal 2020.q1 earnings per share $1.53 excluding items.q1 earnings per share $1.17 from continuing operations.strong q1, highlighted by launch of disney+, which has exceeded even our greatest expectations.during quarter, company recorded charges totaling $150 million, primarily for severance, in connection with integration of tfcf.media networks revenues for quarter increased 24% to $7.4 billion.qtrly revenue $20,858 million versus $15,303 million.q1 earnings per share view $1.44, revenue view $20.79 billion -- refinitiv ibes data.parks, experiences and products revenues for quarter increased 8% to $7.4 billion.walt disney - believe direct-to-consumer services, including disney+, espn+ and hulu, position well for continued growth.cable networks revenues for quarter increased 20% to $4.8 billion.walt disney - decrease at espn in quarter was due to an increase in programming & production costs & lower advertising revenue.as of december 28, 2019, paid subscribers for disney+ was 26.5 million.as of december 28, 2019, paid subscribers for total hulu was 30.4 million, up 33%.studio entertainment revenues for quarter increased from $1.8 billion to $3.8 billion.as of december 28, 2019, paid subscribers for espn+ was 6.6 million.average monthly revenue per paid subscriber for our hulu svod only service decreased from $14.49 to $13.15 in q1.
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