2 hours ago
2
Rick Munarriz, The Motley Fool
Wed, May 6, 2026 astatine 12:37 PM CDT 5 min read
The Josh D'Amaro epoch is disconnected to an encouraging start. Shares of Walt Disney (NYSE: DIS) opened higher connected Wednesday aft the leisure and media elephantine posted better-than-expected results for its fiscal 2nd quarter. It was D'Amaro's archetypal net play arsenic Disney's caller CEO, but it's lone just to constituent retired that helium was lone astatine the helm for the last 2 weeks of the 4th itself.
D'Amaro has had a needle-moving enactment presumption for years, truthful helium surely deserves the triumph thigh adjacent if helium was promoted connected the last time of the fiscal period. However, this study would beryllium much captious of what Disney sees going guardant than of what happened successful the past. D'Amaro aced that test, too.
Will AI make the world's archetypal trillionaire? Our squad conscionable released a study connected the 1 little-known company, called an "Indispensable Monopoly" providing the captious exertion Nvidia and Intel some need. Continue »
Those numbers are beauteous saccharine
Investors had debased expectations heading into Wednesday morning's fiscal update. Analysts were targeting a 5% summation successful revenue, and an adjacent much unimpressive 3% step-up successful nett income.
Reality was marginally but definitively kinder. Disney gross roseate 6.5% to $25.2 billion. It whitethorn not look similar much, but it's the biggest top-line leap for the House of Mouse implicit the past year. All but an adjacent much unimpressive 3% emergence successful 3 of Disney's segments -- entertainment, sports, and experiences -- generated affirmative results.
Disney's amusement gross led the mode with a 10% return. Revenue for its amusement streaming services roseate 13%, accelerating from the fiscal archetypal 4th and much than offsetting the dependable diminution of its bequest media networks business. The conception besides benefited from favorable theatrical merchandise comparisons and the Fubo transaction that closed successful the fiscal archetypal quarter.
The taxable parks-helmed experiences concern had each eyes connected it, fixed the headwinds that emerged adjacent the extremity of the play arsenic state prices roseate successful the aftermath of the warfare with Iran. The conception matched Disney's wide 7% increase, arsenic its cruise vessel fleet added 2 caller ships implicit the past twelvemonth and its gated attractions improved contempt a earthy drop-off successful planetary visitors.
Sports roseate a much humble 2%, and it was the lone conception to station a diminution successful operating profit. It inactive could've been worse. D'Amaro precocious said that Disney doesn't mean to rotation disconnected ESPN.
The bottom-line quality was adjacent much encouraging. Disney's adjusted nett income roseate 8% to $1.57 per share. After much than a twelvemonth of decelerating net beats, Disney stepped connected the state pedal again.
English (CA) · 
English (US) · 
Spanish (MX) ·