Disney tops earnings estimates as parks and streaming offer a boost
Disney reported growth at its domestic theme parks and cruises despite mounting macroeconomic uncertainty for consumers.
Brief by WorldPing · Original reporting by CNBC World
WorldPingShares climbed more than 3% before the market opened on Wednesday.
This is a short WorldPing brief. The full report was published by Fortune.
Read the full report at FortuneDisney reported growth at its domestic theme parks and cruises despite mounting macroeconomic uncertainty for consumers.
Brief by WorldPing · Original reporting by CNBC World
WorldPingDisney CEO Josh D’Amaro admitted on the company’s latest earnings call that “Star Wars: The Mandalorian and Grogu” and the live-action “Moana” remake both underperformed at the box office this summer, although he maintained that both titles were not…
Brief by WorldPing · Original reporting by Variety
WorldPingDisney’s Josh D’Amaro stepped out with solid numbers and some news in his first full quarter as CEO. Toy Story 5 drove studio revenue, theme parks saw an uptick in attendance, and streaming profits more than doubled for the three months ended in June.
Brief by WorldPing · Original reporting by Deadline
The company will use $1 billion from the sale of A+E to buy back stock, will move consumer products under its entertainment division, and teases a new era for Disney+ early next year.
Brief by WorldPing · Original reporting by Hollywood Reporter
WorldPingOwned by a retired history teacher devoted to preserving its past and charming character for nearly 40 years, it has an uncertain future.
Brief by WorldPing · Original reporting by Fortune
WorldPingWhile Minneapolis and New York are pumping the brakes, the St. Louis region has decided to compete now in America's new infrastructure race.
Brief by WorldPing · Original reporting by Fortune