Key facts
- Disney's adjusted diluted earnings per share were $2.06, exceeding the analyst estimate of $1.86.
- Revenue for the quarter ending June 27 was $25.25 billion, a 7% increase year-over-year.
- Analysts' revenue estimate was $25.39 billion.
- Disney's stock had fallen 13.7% in 2026 and 17% in the past 12 months prior to the report.
- CEO Josh D'Amaro outlined a strategy focusing on IP, consumer connection, and advanced technologies like AI.
Disney pleased Wall Street in its first full quarter under CEO Josh D'Amaro, with shares rising over 4% in premarket trading following the release of mixed revenue and earnings results for the quarter ending June 27. The company reported adjusted diluted earnings per share of $2.06, a 28% year-over-year increase and higher than the analyst estimate of $1.86. Revenue for the quarter rose 7% year-over-year to $25.25 billion, falling just short of the $25.39 billion estimated by analysts polled by Bloomberg.
Prior to this earnings report, Disney's stock had experienced a decline, falling 13.7% in 2026 and 17% over the past 12 months. The company had previously impressed investors during D'Amaro's first earnings call as CEO, with shares jumping 7.5% due to strong revenue and earnings growth. D'Amaro has outlined a long-term strategy centered on three pillars: investing in intellectual property and creativity, enhancing consumer connections, and leveraging advanced technologies, including artificial intelligence.