Disney reports strong earnings growth, driven by "Moana 2" success and increased streaming revenue.

Disney's first-quarter earnings beat expectations, thanks to the success of "Moana 2" and higher streaming revenue. Despite a slight drop in Disney+ subscribers internationally, the company reported a 5% revenue increase to $24.69 billion. Disney forecasts high-single-digit adjusted earnings per share growth for fiscal 2025 and plans to launch a new ESPN product later this year.

1 month ago
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