Bob Chapek, CEO of the Walt Disney Firm and former head of Walt Disney Parks and Experiences, speaks throughout a media preview of the D23 Expo 2019 in Anaheim, California, Aug. 22, 2019.
Patrick T. Fallon | Bloomberg by way of Getty Photographs
Disney reported earnings for its fiscal first quarter after the bell.
The inventory popped greater than 8% in prolonged buying and selling on the information.
Listed here are the outcomes.
- Earnings per share: $1.06 adj. vs 63 cents anticipated, in keeping with a Refinitiv survey of analysts
- Income: $21.82 billion vs $20.91 billion anticipated, in keeping with Refinitiv
- Disney+ complete subscriptions: 129.8 million vs 125.75 million anticipated, in keeping with StreetAccount
Disney+ subscriptions beat estimates, at the same time as executives beforehand stated they count on subscriber development for Disney+ to be stronger within the second half of the yr in comparison with the primary, with unique content material being launched on the platform in This fall 2022.
This story is growing. Verify again for updates.
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