‘Deadpool & Wolverine' helps push Disney past Wall Street estimates: ‘Well positioned for growth'
Disney(DIS) New York Post·2024-11-15 00:45
Walt Disney reported earnings that topped Wall Street’s estimates on Thursday, propelled by blockbuster ticket sales from the rude and irreverent summer Marvel film “Deadpool & Wolverine,” and provided an upbeat forecast for the coming year.The company projected adjusted earnings-per-share percentage growth in the high single digits in fiscal 2025, even with capital expenditures of roughly $8 billion. It also said it expects to buy back $3 billion worth of stock.Disney’s stock jumped 10.2% to $113.17, its h ...