Disney Profit Beats Expectations as Movies, Streaming Gain
- Disney reported a 6% increase in revenue for the quarter, reaching $22.6 billion, up from $21.2 billion in the same period last year.
- The diluted earnings per share rose significantly by 79% to $0.25, while annual EPS more than doubled to $2.72.
- Operating income rose 23% from a year earlier to nearly $3.7 billion, with the Entertainment unit's operating income more than doubling to $1.1 billion.
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