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Benzinga
Benzinga
Business
Anusuya Lahiri

Analyst Cheers Disney's DTC Profits, Parks Strength, But Flags Capex, Linear TV Risks

Burbank,,Usa,,October,10,,2024:,Walt,Disney,Movie,Watched,By

Walt Disney (NYSE:DIS) reported stronger-than-expected earnings for its fiscal third quarter of 2025 on Wednesday, driven by a profitable direct-to-consumer (DTC) segment and robust performance in its Parks business.

Despite a slight revenue miss and concerns over rising capital expenditures and linear TV declines, the entertainment giant raised its full-year earnings guidance, signaling confidence in its strategic shift towards streaming profitability and experiential offerings.

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