$DIS RESULTS: Q3 🔸ADJ EPS $1.39 vs. $1.03 y/y, EST $1.19 🔸Revenue $23.16B, +3.7% y/y, EST $23.08B 🔸Entertainment revenue $10.58B, +4.5% y/y, EST $10.37B 🔸Direct-to-Consumer revenue $5.81B, EST $5.73B 🔸Sports revenue $4.56B, +5.1% y/y, EST $4.4B 🔸Experiences revenue $8.39B, +2.3% y/y, EST $8.61B 🔸Total segment operating income $4.23B, +19% y/y, EST $3.84B 🔸Entertainment operating income $1.20B vs. $408M y/y, EST $811.3M 🔸Direct-to-Consumer operating loss $19M, EST loss $141M 🔸Sports operating income $802M, -6.1% y/y, EST $757M 🔸Experiences operating income $2.22B, -3.3% y/y, EST $2.34B 🔸Total Hulu subscribers 51.1M, +1.8% q/q, EST 50.44M 🔸Hulu SVOD ARPU $12.73, +7.5% q/q, EST $12.47 🔸Hulu Live TV + SVOD ARPU $96.11, +1.2% q/q, EST $95.05