Post #4428

🇺🇸Disney Stock Surges on Strong Q1 Performance Disney's stock is up 4.5% following a strong Q1 report, exceeding analyst expectations with $26 billion in revenue, a 5% year-over-year increase. Adjusted earnings per share reached $1.63, surpassing forecasts despite a 7% decrease compared to last year. The Experiences segment, including parks and cruises, led the way with $10 billion in revenue and $3.3 billion in operating profit, contributing 72% of the company's total profits. Streaming also saw a significant boost, with operating profit jumping 72% to $450 million. However, the Sports segment faced a 23% decline due to a broadcasting dispute with YouTube TV. Disney anticipates double-digit earnings per share growth in 2026 and is actively seeking a successor for CEO Bob Iger. Minas Tirith | 24/7 News channel