Disney beats earnings estimates in CEO Josh D'Amaro's first full quarter
Disney shares rose following its latest earnings report, which exceeded analyst expectations for adjusted earnings per share. CEO Josh D'Amaro outlined a strategy focused on IP, consumer connection, and AI integration.
Why it matters
It reflects investor confidence in Disney's leadership transition and its strategic pivot toward integrating advanced technology into its entertainment business.
Disney CEO Josh D'Amaro unveiled earnings results after his first complete quarter at the helm. VCG/VCG via Getty Images Disney pleased Wall Street in its first full quarter under CEO Josh D'Amaro . Shares rose over 4% in premarket trading as the Mouse House posted mixed revenue and earnings results for the quarter ending on June 27. Adjusted diluted earnings per share were up 28% year-over-year to $2.06, higher than analysts' estimate of $1.86 per share.
Get smarter about the news
Sign up free for a feed built around what you actually care about, Dive Deeper research on any story, and the full text of every article.
Create free accountAlready have an account? Sign in