Wednesday, May 6, 2015

The disney produtcions (Walt) (DIS) Earnings Report: Q2 2015 Conference Call Transcript

(DIS - Get Report) conference contact us took place on May 5, 2015, 2009: 30 AM ET. This is a home school transcript of that earnings call:

Disney Cartoon Mickey Mouse Silicone iPhone 5 Case

Lowell Contrefaire; The Walt Disney iPhone 5s case Company; SVP - IR

Tom Staggs; Often the Walt iPhone 5 Disney case Company; COO

J Rasulo; The Walt Disney Service provider}; Senior EVP, CFO

Bob Iger; The Walt Disney Company; BOSS, Chairman

Jessica Reif Cohen; BofA Merrill Lynch; Analyst

David Commercial lender; RBC Capital Markets; Analyst

Jeff Juenger; Sanford C. Bernstein and even Company; Analyst

Jason Bazinet; Citi Investment Research; Analyst

Company Q2 FY15 earnings conference call. I'm michael duivis Vivian and I will be your operator when it comes to today's call. (Operator Instructions)

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Please note that this conference is being shown.

I will now turn the call to Mr. Lowell Singer, Senior Vp of Investor Relations. Sir, you are able to begin.

Good morning and welcome to Often the Walt Disney

Company second-quarter 2015 earnings call. Our press release appeared to be issued earlier this morning and it's on our Web site at www.disney.com/investors. Present-day's call is also being Web group and we will later post the Web group and a transcript on our Web site.

Enlisting in me in Burbank for present call are Bob Iger, Disney's Chairman and Chief Executive Officer; Tom Staggs, Disney's Chief Operating Officer; and even Jay Rasulo, Senior Executive Vp and Chief Financial Officer. Chad, Tom, and Jay will each of those make some comments and then of course , we are happy to take your questions.

So with so, let me turn the call over to Chad and we can get started.

Thanks, Lowell. Good morning, everyone, and thank you for enlisting in us. We appreciate your adjustability and your understanding.

We are very pleased with your performance in Q2, with wonted EPS of $1. 23, way up 11% over the prior year. This results once again reflect the strength of the author's brands and the quality of our articles or blog posts.

These key elements are evident in the outstanding opening of Marvel's Avengers: Associated with Ultron. Released in about 70% for international market so far, the movie open number one in every single market. As well as in the process, broke a number of box law firm records. As of this morning, the movie which has surpassed $650 million in completo box office, which speaks at the popularity of these characters and the strong connection that millions of people have with each other.

In fact , the three top movies employing the highest-grossing opening weekends of all time: Marvel's Avengers, Avengers: Age of Ultron, and even Iron Man 3.

Of course , if engaging in franchises that inspire tremendous buff devotion, Star Wars certainly deems the standard. We unveiled the second teaser trailer for Star Wars: Often the Force Awakens a couple of weeks ago thought reaction was unprecedented.

The motion around this movie is unlike just about anything we've ever seen before. Brand name trailer had more than 88 shades views in the first 24 hours and then has more than 200 million thinking to date. So that gives you some perceive of the tremendous interest and motion around this film, which should only accentuate as we get closer to the January 18 release date.

We're equally looking forward to the grand opening for Shanghai Disney

Resort, which is nearly a year away. We've been very not bothered about sharing specifics so far, though this summer, we'll unveil a number of knowledge that will give everyone a true perceive of how spectacular this authentically The disney produtcions

, distinctly Chinese destination will be. Additionally I'm looking forward to seeing our development when Tom and I go back to Shanghai in china in just a few weeks.

Speaking of Tom, this is certainly our first earnings call towards he was named Chief Operating Policeman. Before Jay covers the personal details, I'd like to ask him to bring into play you through some of the highlights kittycorner our businesses. Tom?

Thanks, Chad, and good morning, everyone. It's essential to be back in an earnings contact us with all of you. With my proceed back to a corporate role, we're very happy to have Bob Chapek running recreational areas and resorts. He's been functioning his way around the world to get this in-depth understanding of the business and he is crooked to a great start to continue his/her strong performance.

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