Disney earnings beat expectations with key film releases and streaming
DISDisney(DIS) The Guardian·2024-11-14 22:27

Walt Disney is trying to roll the credits on its years-long battle to reassure Wall Street and Hollywood that it can dominate a new era of entertainment.The Magic Kingdom, which rarely issues guidance on future profits, told shareholders it expects an acceleration over the coming years – with “double-digit percentage growth” in adjusted earnings in 2026 and 2027.Shares in Disney rallied more than 9% during pre-market trading on Wednesday after it beat analysts’ expectations in the fourth quarter, with sales ...