Adu Dhabi Theme Park, Stock Surge And More
The post Adu Dhabi Theme Park, Stock Surge And More appeared on BitcoinEthereumNews.com. Unexpectedly strong numbers during Disney earnings for its streaming and parks businesses prompted … More the company to raise its profit outlook for 2025, sending its stock soaring. Getty Images Disney earnings report on Wednesday confirmed that, after a few years of ups and downs, the Mouse House is on the way back up. The company increased its profitability outlook after stronger-than-expected numbers for its parks and digital streaming businesses, driving a generally cheery picture for the media conglomerate. Investors were clearly happy with what they saw amid this volatile 2025 market. The good news sent Disney stock soaring, up 10% in trading by midday. The company projected full-year profit will hit $5.75 per share, up from an earlier projection of $5.44. That is up 16% from fiscal 2024 and well above an earlier guidance released by the company. Here are five takeaways from the second quarter Disney earnings. 1. Disney+ Subscribers Grew, Which Surprised Even Disney Disney had projected a decline in Disney+ subscribers during second quarter. Instead, global subscriptions rose 1.4 million to put the streaming service at 126 million worldwide. Disney+ subscriptions had been rather volatile the past few years what with losses from Hotstar, its Indian service, following a loss of cricket rights that sent subscribers fleeing. This time, Disney did not include Disney+ Hotstar in its international numbers, where it saw a 1% increase. Domestically, paid subscriptions were up 2%. Disney CEO Bob Iger credited in part Disney’s box office success for helping to drive online subscriptions — for example, Moana 2, which took in more than $1 billion worldwide and was 2024’s No. 3 film, recently became Disney+’s biggest debut since Encanto. 2. Big Box Office Sparks Success In Other Areas For Disney Earnings Indeed, a success like Moana 2 doesn’t just resonate in…
The post Adu Dhabi Theme Park, Stock Surge And More appeared on BitcoinEthereumNews.com.
Unexpectedly strong numbers during Disney earnings for its streaming and parks businesses prompted … More the company to raise its profit outlook for 2025, sending its stock soaring. Getty Images Disney earnings report on Wednesday confirmed that, after a few years of ups and downs, the Mouse House is on the way back up. The company increased its profitability outlook after stronger-than-expected numbers for its parks and digital streaming businesses, driving a generally cheery picture for the media conglomerate. Investors were clearly happy with what they saw amid this volatile 2025 market. The good news sent Disney stock soaring, up 10% in trading by midday. The company projected full-year profit will hit $5.75 per share, up from an earlier projection of $5.44. That is up 16% from fiscal 2024 and well above an earlier guidance released by the company. Here are five takeaways from the second quarter Disney earnings. 1. Disney+ Subscribers Grew, Which Surprised Even Disney Disney had projected a decline in Disney+ subscribers during second quarter. Instead, global subscriptions rose 1.4 million to put the streaming service at 126 million worldwide. Disney+ subscriptions had been rather volatile the past few years what with losses from Hotstar, its Indian service, following a loss of cricket rights that sent subscribers fleeing. This time, Disney did not include Disney+ Hotstar in its international numbers, where it saw a 1% increase. Domestically, paid subscriptions were up 2%. Disney CEO Bob Iger credited in part Disney’s box office success for helping to drive online subscriptions — for example, Moana 2, which took in more than $1 billion worldwide and was 2024’s No. 3 film, recently became Disney+’s biggest debut since Encanto. 2. Big Box Office Sparks Success In Other Areas For Disney Earnings Indeed, a success like Moana 2 doesn’t just resonate in…
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