The Walt Disney Company reported earnings for the first quarter of 2025, significantly surpassing Wall Street estimates. The entertainment giant announced a net income of $1.25 billion, or $0.70 per share, beating the average analyst expectations of $0.65 per share. Revenues reached $23.5 billion, up from $20.2 billion year-over-year. The company credited its successful streaming strategy and the recent release of ‘Moana 2’ for boosting performance in its subscription services and overall box office results. CEO Bob Chapek emphasized the importance of Disney+ in their portfolio, stating, ‘Our strategy to invest in high-quality content is returning dividends, both in our films and on streaming platforms.’ The release of ‘Moana 2’ garnered $300 million at the box office and was hailed as a critical success, contributing to a noticeable uptick in subscriptions to Disney+. Disney reported that its streaming services gained 15 million new subscribers over the quarter, bringing its total global subscriptions to over 195 million. This growth reflects the company’s ongoing efforts to diversify revenue sources amidst fluctuating theme park attendance. Disney’s Parks, Experiences and Products division also showed resilience with an increase in revenue to $8.5 billion, highlighting a strong recovery post-pandemic. Analysts attribute this rebound to enhanced guest experiences and new attractions. The positive earnings report prompted Disney’s stock to rise by 5% in after-hours trading as investors reacted favorably to the growth metrics. Chapek’s optimistic outlook for the remainder of the year set a confident tone, suggesting that Disney’s future projects are expected to continue driving earnings.
Disney’s Q1 2025 Earnings Exceed Expectations Driven by Streaming and ‘Moana 2’
