15:38 - 3.02.2026
February 3, Fineko/abc.az. Disney's income in the 1st quarter of fiscal year 2026, which ended on December 30, increased by 5% compared with Q1 of 2025 up to $25.98 billion, ABC.AZ informs, referring to Bloomberg.
Profit per share reached $1.63, exceeding the average analyst forecast of $1.56. The main part of company's profit this quarter accounted for the parks & cruises division – $3.3 billion.
According to Disney's forecasts, double-digit earnings per share growth is expected for the full year. The company also announced that it plans to buy back shares worth $7 billion this year.
On Monday, February 2, at the preliminary auction, Disney shares grew by 4.2%.
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