Bob Iger Just Delivered Fantastic News for Disney Investors
Walt Disney (NYSE: DIS) just reported its financial results for the first quarter of fiscal 2025 (ended Dec. 28). Revenue totaled $24.7 billion (up 5% year over year), while diluted earnings per share came in at $1.40 (up 35%). Both of these headline figures exceeded Wall Street analyst expectations. However, the top- and bottom-line beats can easily mask a positive trend happening within this media and entertainment juggernaut. In fact, CEO Bob Iger just delivered fantastic news for Disney shareholders. Here's what you need to know.During Q1 2025, Disney's direct-to-consumer (DTC) streaming operations within its entertainment segment, which includes Disney+ and Hulu, reported operating income of $293 million. This was a big improvement from the $138 million operating loss posted in the year-ago period. It has now been three straight quarters that Disney has been in the black in this budding segment.Continue reading
Walt Disney (NYSE: DIS) just reported its financial results for the first quarter of fiscal 2025 (ended Dec. 28). Revenue totaled $24.7 billion (up 5% year over year), while diluted earnings per share came in at $1.40 (up 35%). Both of these headline figures exceeded Wall Street analyst expectations.
However, the top- and bottom-line beats can easily mask a positive trend happening within this media and entertainment juggernaut. In fact, CEO Bob Iger just delivered fantastic news for Disney shareholders. Here's what you need to know.
During Q1 2025, Disney's direct-to-consumer (DTC) streaming operations within its entertainment segment, which includes Disney+ and Hulu, reported operating income of $293 million. This was a big improvement from the $138 million operating loss posted in the year-ago period. It has now been three straight quarters that Disney has been in the black in this budding segment.
