Theme parks and streaming business expand beyond expectations, Disney (DIS.US) raises full-year profit forecast.
According to the Smart Finance APP, global entertainment industry and streaming service leader Walt Disney Company (DIS.US) announced before the US stock market on Wednesday that its fiscal second quarter performance for the 2025 financial year exceeded Wall Street's expectations. At a time when many American companies have recently lowered or withdrawn their performance guidance due to heavy tariff pressures, Disney announced an upward revision to its full-year outlook due to strong performance in its Disney theme parks and streaming movie and TV series businesses. Following the release of the latest financial results, Disney's stock price surged nearly 7% in pre-market trading.
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