Walt Disney Co. has reported its first-quarter earnings that surpass analyst estimates, driven by the success of blockbuster film “Moana 2” and increased income from its streaming services.
Revenue for the period ended December 28 rose 5% to $24.7 billion, marking the third consecutive quarter of streaming profitability. Excluding certain items, Disney’s earnings per share jumped to $1.76, exceeding the average estimate of $1.42 provided by Bloomberg.
Source: https://www.bloomberg.com/news/articles/2025-02-05/disney-tops-estimates-with-gains-from-streaming-and-moana-2