Disney: Strong in a Tough Environment
Here's our initial take on Walt Disney's (NYSE: DIS) fiscal 2025 second-quarter financial report.Disney surprised investors by handily beating expectations on both the top and bottom lines in its fiscal second quarter. Revenue increased by 7%, while adjusted EPS grew by 20% year over year on increased profitability throughout the business, especially when it comes to streaming.Speaking of streaming, Disney ended the quarter with 126 million Disney+ subscribers, 1.4 million of which were added during the quarter, an uptick that analysts weren't expecting. Including Hulu, the streaming business has 180.7 million total subscribers. Disney's subscriber numbers have been doing well for years. What has analysts intrigued is its $336 million in operating income from the business this quarter, up $289 million from a year ago.Continue reading
Here's our initial take on Walt Disney's (NYSE: DIS) fiscal 2025 second-quarter financial report.
Disney surprised investors by handily beating expectations on both the top and bottom lines in its fiscal second quarter. Revenue increased by 7%, while adjusted EPS grew by 20% year over year on increased profitability throughout the business, especially when it comes to streaming.
Speaking of streaming, Disney ended the quarter with 126 million Disney+ subscribers, 1.4 million of which were added during the quarter, an uptick that analysts weren't expecting. Including Hulu, the streaming business has 180.7 million total subscribers. Disney's subscriber numbers have been doing well for years. What has analysts intrigued is its $336 million in operating income from the business this quarter, up $289 million from a year ago.
