Disney's first-quarter profit was $1.1 billion

On February 10, Disney announced that the first quarter profit was $1.1 billion; adjusted earnings per share were $1.06, better than the market expectation of $0.57; and revenue was $21.82 billion, better than the expected $21.2 billion.

According to the group, the number of users of the streaming platform Disney+ was 129.8 million, better than the expected 125.75 million, an increase of nearly 12 million in a single quarter.

Disney's best-performing business last quarter was theme parks, with quarterly revenue of $7.2 billion, twice the same period in the previous year, and operating profit of $2.5 billion, compared to a loss of $100 million in the year-ago quarter. Consumer Products revenue declined 8.5% year-over-year to $1.5 billion.

This article originated from the viewpoint real estate network