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Disney reports stronger-than-expected profits, raising full-year earnings forecast to $5.85 per share.
Disney reported a stronger-than-expected third-quarter profit of $1.61 per share, up from $1.39 a year ago, thanks to increased domestic park attendance and growth in streaming subscribers.
Despite slightly missing revenue expectations, Disney's direct-to-consumer business and theme park division showed significant operating income gains.
The company now forecasts full-year earnings of $5.85 per share, up from $5.75, and plans to build a seventh theme park in Abu Dhabi.
CEO Bob Iger will stay with the company until the end of 2026.
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Disney reporta ganancias más fuertes de lo esperado, elevando las previsiones de ganancias para todo el año a $5.85 por acción.