Disney Beats Estimates in Q1 As Streaming Subscribers Take A Hit

Disney Beats Estimates in Q1 As Streaming Subscribers Take A Hit

Disney beat Wall Street's expectations on revenue and earnings per share in its fiscal first quarter. Disney+ subscribers declined by 1, despite the segment's profit. Average monthly revenue per Disney+ subscriber rose 4 due to price hikes, while Hulu subscriptions grew 3. The entertainment division saw revenue climb 9, boosting operating income by 95. Domestic theme park revenue rose 2 year-over-year, but hurricanes, attendance declines, and cruise ship investments hindered domestic operating income.


User: Benzinga

Views: 110

Uploaded: 2025-02-05

Duration: 00:36

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