Q1财报超预期但CEO继任者悬念浮现 迪士尼(DIS.US)开盘跌近7%

Core Viewpoint - Disney's stock opened down nearly 7% despite reporting better-than-expected earnings for Q1 of fiscal year 2026, with overall revenue growth of 5% year-over-year to $26 billion, surpassing analyst expectations of $25.7 billion [1] Financial Performance - Disney achieved a pre-tax profit of $3.7 billion, exceeding Wall Street's forecast of $3.5 billion [1] - Adjusted earnings per share were $1.63, a 7% decline from the previous year but still above the analyst expectation of $1.57 [1] - For Q2, Disney anticipates operating profit in the entertainment segment to remain flat compared to the same period last year, while the streaming business is expected to generate $500 million in profit, an increase of $200 million year-over-year [1] - The company reaffirmed its forecast for double-digit earnings per share growth for the full year relative to fiscal year 2025 and expects to generate $19 billion in cash flow from operations for the year, with a $7 billion stock buyback plan progressing as scheduled [1] Leadership Transition - The focus is on who will succeed Bob Iger as CEO, marking the second time Disney has sought a successor for Iger; Bob Chapek took over in 2020 but was dismissed after two years, leading to Iger's return [1] - Disney's stock has been under pressure, and the company is in urgent need of revitalizing its film business and improving theme park performance [1]