Disney set to report earnings after the bell

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Disney is expected to show strong growth in its studio business, bolstered by the company's continued dominance at the box office this year.

, raking in $2.79 billion at the global box office and surpassing previous chart-topper "Avatar's" record of $2.7897. The success of "Endgame," as well as other titles like "Captain Marvel," "The Lion King," "Toy Story 4" and "Aladdin," could help DisneyAnalysts will likely be looking for more color on the company's upcoming Disney+ streaming service, which was announced in 2018 andat a cost of $6.99 per month, or $69.

The company's theme park business is also expected to be a bright spot in its results. Earlier this year, Disney said it was raising ticket prices for some of its US theme parks, but thatfrom spending more and staying longer at its parks during the second quarter. It comes as Disney in May opened its new Star Wars-themed attraction, Galaxy's Edge, at Disneyland. Reservations to get into Galaxy's Edge sold out within two hours and the companyThis story is developing.

 

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