Disney posted strong fiscal third-quarter results, with profit rising to $5.26 billion, or $2.92 per share, compared to $2.62 billion, or $1.43 per share, a year earlier.
Adjusted earnings per share were $1.61, outperforming analyst expectations of $1.46 per share.
The big picture: Total revenue for the quarter reached $23.65 billion, narrowly missing Wall Street’s estimate of $23.68 billion. • The company raised its full-year adjusted earnings forecast to $5.85 per share, up from a previous $5.75 per share estimate, surpassing analyst consensus of $5.80.
Zoom in: Disney’s domestic theme parks showed strength, with the Experiences division revenue rising 8% and operating income increasing 13% to $2.52 billion. • Operating income in domestic parks jumped 22%, though international par