Walt Disney Co. (NYSE:DIS) shares fell post-release of fiscal third-quarter 2025 results. Adjusted EPS beat estimates at $1.61, revenue grew 2% to $23.65 billion but missed projections. Direct-to-consumer streaming revenue hit $6.2 billion, with 183 million subscriptions, driving Disney’s performance.

Disney’s Entertainment segment revenue rose 1% to $10.7 billion, while Sports segment revenue fell 5% to $4.3 billion. Experiences segment revenue climbed 8% to $9.09 billion. Traditional Linear Networks revenue saw a 15% decline to $2.3 billion. Consolidated operating income grew 8% to $4.6 billion.

Disney announced an equity-for-assets deal with NFL Network, NFL RedZone, and NFL Fantasy. ESPN gained rights to three additional NFL games annually. ESPN also secured exclusive U.S. streaming rights to WWE events like WrestleMania and SummerSlam, with ESPN’s new streaming service launching this fall.

CEO Bob Iger highlighted Disney’s streaming progress, upcoming ESPN service launch, NFL plans, and Hulu integration into Disney+. CFO Hugh Johnston noted streaming’s financial turnaround and Disney World’s record attendance. Disney raised fiscal 2025 adjusted EPS projection to $5.85, ahead of analyst consensus.

Disney reiterated double-digit operating income growth for Entertainment segment, revised Experiences segment outlook to 8% growth. Sports segment’s operating income forecast now at 18%. Expect a modest increase in Disney+ subscribers for the fiscal fourth quarter. DIS stock is trading lower by 2.35% at $115.54.

Read more at Yahoo Finance: Disney Focuses On Content Deals, Raises Annual Profit Outlook