Disney Stock Rises as Streaming Profit, Experiences Revenue Grow

Shares of The Walt Disney Company (DIS) rose in premarket trading Thursday as revenue and adjusted profit topped analysts' estimates. The entertainment giant reported $22.57 billion in revenue, up from $21.24 billion last year and narrowly above the $22.50 billion analysts expected, according to Visible Alpha. Disney posted net income of $460 million, or 25 cents per share, well below estimates of $1.74 billion, or $0.96 per share. After accounting for about $1.5 billion in one-time charges like restructur ...