Earnings

Disney (DIS) fiscal Q1 2022 earnings

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Bob Chapek, CEO of Walt Disney

Patrick T. Fallon | Bloomberg | Getty Images

Disney reported earnings for its fiscal first quarter after the bell.

The stock popped more than 7% in extended trading on the news.

Here are the results.

  • Earnings per share: $1.06 adj. vs 63 cents expected, according to a Refinitiv survey of analysts
  • Revenue: $21.82 billion vs $20.91 billion expected, according to Refinitiv
  • Disney+ total subscriptions: 129.8 million vs 125.75 million expected, according to StreetAccount

Disney+ subscriptions beat estimates, even as executives previously said they expect subscriber growth for Disney+ to be stronger in the second half of the year compared to the first, with original…



Source cnbc.com

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