Disney Surprises Wall Street: US Parks and Streaming Surge Power Q2 Earnings Beat
Updated: May 07, 2025 18:09
Image Source: Moneycontrol
Walt Disney Co. has electrified Wall Street with a blockbuster second-quarter performance, smashing profit forecasts as surging US theme park attendance and a surprise rebound in streaming subscriptions propelled earnings to new heights.
Key Highlights:
Earnings Beat: Disney reported Q2 revenue of $23.6 billion, up 7% year-over-year and above analyst expectations. Adjusted earnings per share soared 20% to $1.45, with net income reaching $3.28 billion-a dramatic turnaround from a loss last year.
Streaming Comeback: Disney+ defied expectations, adding 1.4 million new subscribers (totaling 126 million) after a previous quarter’s dip. Hulu also gained 1.1 million new subscribers. The streaming division’s operating profit jumped to $336 million from just $47 million a year ago, marking its fourth consecutive profitable quarter.
Theme Park Power: The Experiences segment, led by US parks and cruises, saw revenues climb 6% to $8.9 billion and operating income rise 9% to $2.5 billion. Higher guest spending, robust attendance, and the launch of the Disney Treasure cruise ship fueled this growth.
Upgraded Outlook: Disney raised its full-year profit forecast, now expecting adjusted EPS of $5.75 (a 16% increase over last year) and double-digit operating income growth in both entertainment and sports divisions.
CEO Optimism: CEO Bob Iger expressed confidence in Disney’s direction, highlighting a strong content pipeline and further expansion in parks and streaming.
Disney’s Q2 results showcase its resilience and adaptability, with both legacy and digital businesses firing on all cylinders.
Source: US News, TradingView, Yahoo Finance, Variety, Hollywood Reporter