Disney's Streaming Profits Grow in Q1: How to Play the Stock
Disney (DIS) marked a significant milestone in its first quarter of fiscal 2025, with its streaming division achieving profitability as Direct-to-Consumer operating income reached $293 million, a substantial improvement from a $138 million loss in the prior-year quarter. The entertainment giant posted strong overall results, with revenues climbing 5% to $24.7 billion and adjusted earnings per share surging 44% to $1.76, demonstrating the success of its strategic initiatives despite subscriber fluctuations.T ...