Thursday, 7 August, 2025
Disney Beats Forecasts, Raises Annual Profit Outlook on Streaming Momentum
Walt Disney delivered stronger-than-expected fiscal Q3 results, with adjusted earnings per share rising 16% to $1.61 (vs. $1.47 forecast), fueled by direct-to-consumer streaming gains. Thanks to NFL and WWE deals and the upcoming $29.99/month ESPN streaming service, Disney raised its full-year adjusted EPS outlook from $5.75 to $5.85. The company also reported 2.6 million new Disney+ and Hulu subscribers, with its streaming unit returning to positive operating income.
Read full story at Economic Times