Disney Stock Rises as Q1 Profit, Revenue Top Estimates

Shares of The Walt Disney Co. (DIS) rose in premarket trading Wednesday after the entertainment giant reported fiscal 2025 first-quarter results above analysts' expectations. Disney posted net income of $2.55 billion, or$1.40 per share, on revenue of $24.69 billion. Analysts had expected$2.38 billion, or $1.31 per share, on revenue of$24.63 billion, per Visible Alpha. Disney's Direct-to-Consumer (DTC) business reported an operating profit of $293 million. The unit became profitable in the prior two quar ...