Disney beats on parks and streaming, announces TikTok content deal
+3.65% to $101.76 from $98.18
What moved DIS
- Adjusted EPS of $2.06 beat the analyst consensus of $1.86; revenue rose 7% year-over-year to $25.25 billion, just below the $25.40 billion estimate.
- Results were driven by strength in theme parks and streaming, with the film business helped by “Toy Story 5.”
- Disney announced a content-sharing deal with TikTok alongside the earnings report.
- Fiscal 2026 EPS guidance of about $6.64 came in below the analyst consensus of $6.83.
Sources: Benzinga · TheStreet · ts2.tech