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Benzinga
Benzinga
Business
Anusuya Lahiri

Disney Focuses On Content Deals, Raises Annual Profit Outlook

Disney DIS ESPN United States NFL Entertainment Experiences Hugh Johnston Hulu sports
Burbank,,Usa,,October,10,,2024:,Walt,Disney,Movie,Watched,By

Walt Disney Co. (NYSE:DIS) shares dropped after the company released its fiscal third-quarter 2025 results. While adjusted earnings per share (EPS) surpassed analyst expectations, the company’s total revenue fell slightly short of projections.

For the quarter, Disney reported adjusted EPS of $1.61, beating the consensus estimate of $1.47. However, revenue grew by just 2% year-over-year to $23.65 billion, slightly missing the $23.72 billion analyst forecast. The company’s performance was driven by its Experiences business.

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