DIS shares down 7.93% as Q2 revenue misses estimates, but adjusted EPS beats consensus. Entertainment revenue declines 5% while streaming is profitable.
Discover why Ferrari N.V. faces a challenging outlook despite reporting solid first-quarter FY24 results. Explore how the company's sales growth, revenue streams, and financial metrics shape its path forward.
Reaffirming 2024 Guidance
Mr. Mural concluded, "We are pleased with the performance across our business and start to the year. Our teams continue to execute, driving expansion on existing operations and
BP shares trading lower on Q1 FY24 results, sales at $48.88B, below consensus of $55.08B. Production down 3.5% Y/Y, Renewables pipeline at 58.5GW, Adjusted EBITDA at $10.3B, RC profit at $0.97/ADS, operating cash flow at $5.01B, net debt reduced to $24.02B. CEO optimistic about strategy, announces dividend of 7.270 cents per share. Q2 FY24 outlook: slightly lower production, guidance for higher production in FY24, capital expenditure of $16B, divestment proceeds of $2B-$3B.