Overview
- Disney reported fiscal Q3 adjusted earnings per share of $2.06 and revenue of about $25.2 billion, which the company disclosed Wednesday and which beat EPS forecasts while missing some revenue estimates.
- Toy Story 5 crossed $1 billion at the box office and the company said that film increased Disney+ viewing, drove the strongest consumer-products growth in years, and helped lift park demand.
- Disney Experiences returned to growth with roughly $10.0 billion in revenue and operating income near $3.0 billion as U.S. park attendance rose about 3% and global guest counts climbed about 4%, while international attendance—especially in parts of Asia—remains softer.
- Streaming revenue for Disney+ and Hulu climbed about 11% to roughly $5.5 billion and streaming operating income more than doubled to about $712 million, and the company no longer discloses quarterly subscriber totals.
- Management announced the sale of its 50% stake in A+E to Hearst for about $1.2 billion to fund an increase in share repurchases to at least $9 billion, said it will move much of Consumer Products into Entertainment starting in fiscal Q1 2027 to align IP monetization with studios, and disclosed wider use of its internal AI tool J.A.R.V.I.S. in parks design and guest planning.