Movim • Disney earnings beat expectations with key film releases and streaming

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Disney earnings beat expectations with key film releases and streaming

news.movim.eu / TheGuardian • 14 November 2024

Company tells shareholders it expects ‘double-digit percentage growth’ in 2026 and 2027

Walt Disney is trying to roll the credits on its years-long battle to reassure Wall Street and Hollywood that it can dominate a new era of entertainment.

The Magic Kingdom, which rarely issues guidance on future profits, told shareholders it expects an acceleration over the coming years – with “double-digit percentage growth” in adjusted earnings in 2026 and 2027.