Disney is partnering with TikTok to bring Disney-focused fan content directly into the Disney+ app. The companies are starting with a pilot program in the U.S. in the coming months, and plan to expand to additional markets later on.
Walt Disney (DIS) came out with quarterly earnings of $2.06 per share, beating the Zacks Consensus Estimate of $1.88 per share. This compares to earnings of $1.61 per share a year ago.
Walt Disney's stock, which has been struggling all year, rallied on Wednesday as the entertainment giant reported surprisingly strong earnings.
Disney's Josh D'Amaro stepped out with solid numbers and some news in his first full quarter as CEO. Toy Story 5 drove studio revenue, theme parks saw an uptick in attendance, and streaming profits more than doubled for the three months ended in June. Total operating income for Disney's fiscal third quarter jumped 21% $5.
Disney pleased Wall Street in its first full quarter under CEO Josh D'Amaro. Shares rose over 4% in premarket trading as the Mouse House posted mixed revenue and earnings results for the quarter ending on June 27.
Third-quarter revenue increased 7% to $25.2 billion, driven by growth from the company's experiences unit.
Disney reports quarterly earnings before the bell Wednesday and will host a call with investors at 8:30 a.m. ET. Wall Street expects earnings per share of $1.86 and revenue of $25.4 billion, according to LSEG.
The entertainment company is set to report fiscal third-quarter earnings ahead of Wednesday's opening bell.
Disney (DIS) has an impressive earnings surprise history and currently possesses the right combination of the two key ingredients for a likely beat in its next quarterly report.
The Walt Disney Company's latest earnings report is due ahead of the opening bell Wednesday, with traders expecting a big move from the entertainment giant's stock.
The Walt Disney Company DIS is slated to report third-quarter fiscal 2026 results on Aug. 5. The Zacks Consensus Estimate for third-quarter fiscal 2026 revenues is pegged at $25.48 billion, suggesting modest growth of 7.75% from the year-ago quarter's reported figure.
Evaluate the expected performance of Disney (DIS) for the quarter ended June 2026, looking beyond the conventional Wall Street top-and-bottom-line estimates and examining some of its key metrics for better insight.