Disney earnings exceed expectations as parks reopen and Disney+ grows

  • 📰 CNN
  • ⏱ Reading Time:
  • 19 sec. here
  • 2 min. at publisher
  • 📊 Quality Score:
  • News: 11%
  • Publisher: 95%

Ireland News News

Ireland Ireland Latest News,Ireland Ireland Headlines

Theme parks are back, and that's good news for Disney, which reported better-than-expected earnings and a return to revenue growth for the first time in five quarters.

New York Theme parks are back, and that's good news for Disney, which on Thursday reported better-than-expected earnings and a return to revenue growth for the first time in five quarters.

The company brought in $17 billion in sales, up 45% from same period last year. That's a bit higher than Wall Streets' expectation of $16.8 billion, and the news sent shares up 4% in after-hours trading.The company reported earnings of $995 million in the third quarter, a significant improvement from the $4.8 billion loss posted this time last year.

We have summarized this news so that you can read it quickly. If you are interested in the news, you can read the full text here. Read more:

 /  🏆 4. in İE
 

Thank you for your comment. Your comment will be published after being reviewed.
Please try again later.

Fake news again, people are staying away from the queer run park.

SanctionPakistan

Ireland Ireland Latest News, Ireland Ireland Headlines