Disney reported its first-quarter results ahead of schedule on Wednesday, with analysts expecting improved theme park revenue and streaming numbers. The company’s DIS stock is trading higher due to these positive expectations.
According to FactSet, Disney is expected to report a 19% increase in adjusted earnings to $1.14 per share and almost 5% revenue growth to $24.67 billion. This news comes after Disney recently announced a sports streaming deal with FuboTV, further solidifying its position in the entertainment industry.
The company’s strong Q1 results are seen as a positive sign for investors, particularly those holding shares of DIS stock. As the world’s largest entertainment giant, Disney is well-positioned to continue delivering strong financial performance in the coming quarters.
Source: https://www.investors.com/news/disney-earnings-q1-2025-disney-dis-stock-dow-jones