Disney beats earnings expectations but does not update Disney+ guidance

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From Disney’s “year for the ages” at the box office to the launch of Disney+, CEO Bob Iger talked to JBoorstin following the company’s better-than-expected earnings report.

on Tuesday. "We will say something on the call about subs between the end of the quarter, the end of December and where we are as of yesterday. But we are not updating our guidances."

Disney blamed the decline on a "shift in the mix of subscribers" to its bundled subscription package of Disney+, ESPN+ and Hulu, which has a lower average retail price per service compared to the average retail price of each service on a standalone basis. Revenue for Disney's Parks, Experience and Products segment grew 8% year over year to $7.4 billion during the quarter, while operating income increased 9% to $2.3 billion. The company said operating income growth during the quarter was partially offset by lower results at its international parks and resorts.

 

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That what I mien or what I sayed be not everything how him peoples thinks or mien or sayed when him from couterys or cityes anyone I cann not be everything no me proplem when him wonted too help I cann not help or we helped not

RobertIger would love to see a bundle that includes Hulu live as well! I’m not leaving Disney+ but would love to add to what it.

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