DIS Stock Gains Pre-Market After Q1 Beat, Despite Profit Strain In Entertainment Unit
Synopsis
Adjusted earnings per share (EPS) of $1.63, narrowed YoY but beat the Street consensus of $1.58.
The Walt Disney Co. (DIS) announced on Monday that it recorded a 5% year-on-year growth in revenue to $26 billion for the first-quarter fiscal 2026, exceeding the analysts’ consensus estimate of $25.59 billion, according to Fiscal AI data.
Adjusted earnings per share (EPS) of $1.63, narrowed YoY but beat the Street consensus of $1.58. Disney’s entertainment arm posted a 7% YoY revenue uplift, but rising costs for programming, production and marketing outpaced gains, dragging operating profit down to around $1.1 billion.
Disney’s experiences division delivered standout performance, generating approximately $10.0 billion in revenue and nearly $3.3 billion in segment profit.
Disney’s stock< traded over 3% higher in Monday’s premarket. <
Stay updated with all the latest Business News, including market trends, Share Market News, stock updates, taxation, IPOs, banking, finance, real estate, savings, and investments. Track daily Gold Price changes, updates on DA Hike, and the latest developments on the 8th Pay Commission. Get in-depth analysis, expert opinions, and real-time updates to make informed financial decisions. Download the Asianet News Official App from the Android Play Store and iPhone App Store to stay ahead in business.