Disney shares lose ground this week after Q1 earnings, succession announcement

Disney shares lose ground this week after Q1 earnings, succession announcement

The media giant's stock shed 7% on Monday after Disney reported fiscal first quarter earnings.

Disney Q1 2026 Results Show Solid Growth Amid Turnaround Efforts And Strategic Investments

Walt Disney Company (NYSE: DIS) has reported first-quarter results for 2026, revealing steady revenue growth and progress in its ongoing turnaround strategy under CEO Bob Iger. While earnings quality faced short-term pressures, the company’s investments and expansion plans position it for a stronger performance in the latter half of the year. Revenue for Q1 2026 rose 5.3% year-on-year to $26 billion, surpassing analyst expectations by approximat…