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Disney pops after streaming, parks drive revenue beat in first report under CEO Josh D'Amaro
CNBC Television· 2026-05-06 16:20
Disney revenue beating expectations 25.17% billion ahead of estimates of $ 24.78% billion while adjusted earnings came in at a $157 cents per share. It is unclear how that compares to estimates but looking pre-market here it looks like Disney shares are up about 4.5%. And looking across Disney's estim segments, every single one of those segments beating expectations both in terms of revenue as well as operating income.Disney also updating its outlook, saying it expects 2026 fullear adjusted EPS growth of 12 ...
Disney crushes earnings estimates despite park traffic concerns | Opening Bid
Yahoo Finance· 2026-05-06 15:30
Good morning and welcome to opening bid. I'm Brook Fama in for Brian Sazi. Here's what we're watching today.Stocks are back near record highs on renewed optimism that the US and Iran could reach a deal to end the war. Also driving the rally once again, tech stocks. AMD soaring as high as 18% after reporting data center revenue rose by 57% from a year ago.And we have results out from Disney this morning. The entertainment giant topped estimates for a second quarter with consumers spending more to visit its t ...
Disney Parks, Films Boost Profit in CEO’s Debut Quarter
Bloomberg Television· 2026-05-06 13:58
If people are worried about crude and energy prices, we're certainly not seeing it in these numbers, are we. No, we're not. And this is what I think investors were really worried about, John.Kind of coming up, coming into this quarter, you know, rising gas prices, all of this geopolitical tension, whether it would have a palpable impact on theme park demand. And what we saw Disney reported for fiscal second quarter was actually a 5% increase in operating income. We were expecting only about 2%.And this is d ...