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Disney beats earnings estimates in CEO Josh D'Amaro's first full quarter
Disney CEO Josh D'Amaro unveiled earnings results after his first complete quarter at the helm.VCG/VCG via Getty ImagesDisney pleased Wall Street in its first full quarter under CEO Josh D'Amaro.Shares rose over 4% in premarket trading as the Mouse House posted mixed revenue and earnings results for the quarter ending on June 27.Adjusted diluted earnings per share were up yüzde 28 year-over-year to $iki.06, higher than analysts' estimate of $bir.86 per share.Revenue rose yüzde 7 year-over-year to $25.25 billion, which was just below the estimate of $25.39 billion from analysts polled by Bloomberg.Heading into the earnings report, Disney's stock had fallen 13.7% in 2026 and yüzde 17 in the last 12 months.Disney had impressed investors in D'Amaro's first-ever earnings call in charge, as shares popped 7.yüzde 5 on the back of robust revenue and earnings growth.D'Amaro had unveiled the three pillars of his long-term strategy: investing in IP and creativity, better connecting with consumers, and leaning into "advanced technologies," including AI.This story is developing.Read the original article on Business Insider
