- Walt Disney surpassed Wall Street's quarterly earnings forecasts, driven by robust growth in its streaming services and theme parks.
- For the period spanning January through March, Disney reported adjusted earnings per share of $25.2billion, exceeding analysts′ average revenue expectations of $24.78 billion.
- New Chief Executive Josh D'Amaro reaffirmed expectations for accelerated growth in the second half of the fiscal year and upgraded adjusted EPS growth forecasts for fiscal 2026 and 2027.
- The Experiences division, encompassing parks and cruise ships, reported a 5 per cent increase in operating income, fuelled by increased guest spending and higher cruise-ship volume.
- The Entertainment unit's operating income rose by 6 per cent due to stronger streaming subscriptions and advertising, though the Sports division saw a 5 per cent decrease in operating income.
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