Disney (Say)) Depending on the benefit of the first quarter On Wednesday, this beat expectations as a media and entertainment giant reported a profit in its streaming segment while its parks activities faced setbacks in the middle of two consecutive hurricanes and Larger investments in cruising ships.
Disney + subscribers also dropped 700,000 during the quarter due to the expected unsubscribe of users in the midst of recent price increases. Business hiked of its various subscription plans in mid-October.
As part of price increases, its direct streaming company for consumers (DTC) – which includes Disney +, Hulu and ESPN + – has changed a profit of $ 293 million, against a loss of $ 138 million At one year, before the expectations of analysts. He marked the third consecutive trimester of profitability for the streaming company.
Make coherent profits in streaming is essential for Disney and other media giants, because more and more consumers are going to DTC services from traditional paid television plans. The company said it continued to expect streaming benefits of around $ 875 million during the year 2025.
The shares rebounded at the start of the negotiation, but decreased about 1% shortly after the opening bell.
The analysts interviewed by Bloomberg had provided that Disney + subscribers would decrease by 1.41 million. The company had declared a loss of 600,000 Disney + subscribers during the same period. For the current quarter, the company said that it expects another “modest decline” in Disney + subscribers compared to the first quarter.
When calling the results, Disney CEO Bob Iger said that he was “very satisfied” with subscribers in his various streaming services, in particular in the face of higher prices. Management expects users to develop throughout the year.
In a separate interview with Yahoo Finance, Disney’s financial director Hugh Johnston, suggested that the company will continue to increase prices, noting “the value brought in streaming, even compared to Cable at the moment, is so strong” .
Revenues of 24.70 billion dollars beat expectations of $ 24.57 billion in the quarter and represented an increase of 5% compared to the period of the previous year.
The profit adjusted per share of $ 1.76 was before the $ 1.42 that the analysts interviewed by Bloomberg expected. Profits increased by 44% compared to a year ago.
For the full year in 2025, Disney reaffirmed the advice for high -figure BPA growth compared to the 2024 fiscal year. Estimates require an increase of 8.1% year by year.
On the call, Johnston said that “the results were certainly superior to expectations”, but warned that it was too early to adjust the advice given more important macro uncertainties. That said, the executive added: “We are certainly not a management team that is afraid of relaxing too much if, in fact, this is where the company takes us.”
