From CNBC: 2024-08-07 00:01:01

Walt Disney World in Florida hosted the iconic “Partners” statue of Walt Disney and Mickey Mouse at Cinderella Castle.

Disney is set to release earnings, with a focus on streaming and theme park performance. Expected earnings per share are $1.19 with revenue of $23.071 billion.

Disney+ and Hulu turned a profit last quarter, with a total of 117.6 million Disney+ Core subscribers and 50.2 million Hulu subscribers.

Disney aims for profitability for its streaming services by the end of the year, despite ESPN+ reporting persistent losses.

Disney’s theme parks remain a top profit driver, with plans to invest $60 billion in the next decade. U.S. parks revenue increased 7% last quarter but Disneyland Resort in California faced profit declines due to high labor expenses.



Read more at CNBC:: Disney (DIS) Q3 earnings report 2024