Disney Surpasses Earnings Forecasts on Streaming a…
From Financial Modeling Prep: 2025-05-07 09:07:00
Walt Disney Co. (NYSE:DIS) exceeded expectations in its latest quarterly results, with strong performance driven by increased U.S. theme park spending and unexpected Disney+ subscriber growth. Plans for a new theme park in Abu Dhabi signal aggressive global expansion.
For the fiscal quarter ended March, adjusted EPS was $1.45, beating the $1.20 forecast. Revenue rose by 7% to $23.6 billion, exceeding the expected $23.14 billion. Operating income reached $4.4 billion, fueled by parks and streaming strength.
Disney projects full-year fiscal 2025 EPS of $5.75, a 16% increase. Despite concerns, Disney+ added 1.4 million subscribers, reinforcing its importance in the direct-to-consumer shift.
Post-earnings, Disney shares surged 5.8% in premarket trading. The company announced plans for a new theme park in Abu Dhabi, expanding its international presence. CEO Bob Iger remains optimistic about Disney’s future trajectory.
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