May 9th, 2025
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Disney made good money from April to June. This was because many people went to their parks in the US, and over a million new people started watching their TV shows online.
The company also said it thinks it will make more money this year, and its shares went up 11% on Wednesday.
Disney also said they will build a seventh theme park in Abu Dhabi.
In the first three months of the year, Disney made $3.28 billion.
This was $1.81 for each share.
But in the same three months the year before, the company lost $20 million, which was one cent for each share.
The company made $1.45 for each share, not including special costs. This was more than the $1.18 that experts thought they would make, according to a report.
The company made 7% more money, earning $23.62 billion. This was more than expected.
Money for Disney's movies and streaming went up 9%, and money from their parks went up 6%.
Some movies that did well recently are “Moana 2” and “Mufasa: The Lion King.” Their newest movie, “Thunderbolts,” is the most popular at the cinema right now. The boss, Bob Iger, and the money manager, Hugh Johnston, said they think the movies coming out this year will be good. These movies are “Lilo & Stitch,” “The Fantastic Four: First Steps,” and “Avatar: Fire and Ash.”
But Disney might have problems because of the trade war started by President Trump. Other American companies have seen that people in other countries are not buying their products. Also, Trump started a new fight in his trade war on Monday. He wants to tax films made outside the U.S.
Disney's online shows and movies business is making more money now.
More people are paying for Disney+. In the US and Canada, 2% more people signed up. In other countries, 1% more people signed up, but this does not include Disney+ HotStar.
More people are paying for Disney+. The number of people paying went up a little, by 1%, to 126 million in the last three months. This was a surprise because The Walt Disney Company thought the number would go down a little compared to the first three months of the year.
Disney+ and Hulu had 180.7 million people paying for them. This was 2.5 million more than three months before.
Mike Proulx, a director at Forrester, said Disney did better than they thought they would because they had good shows and movies. Their online shows business is also making more money. He also said Disney might make or buy more shows in other countries. This could help them compete more with Netflix, which has many shows from around the world.
Disney gets two good things from movies that do well because they can also be used on their online TV service.
"Moana 2" has been watched for over 139 million hours on Disney+ since it came out on March 12. This means it is the most popular new Disney Animation movie on Disney+ since "Encanto." The first "Moana" movie is still the most watched movie on Disney+ with over 1.4 billion hours watched.
The part of Disney that has theme parks, cruises, and shops made $2.5 billion. This was 9% more money than before. Parks in the US made 13% more money. But parks in other countries and other parts of the business made 23% less. This was because the parks in Shanghai and Hong Kong were not doing very well.
Disney is still looking for a new leader after Bob Iger, who led Disney for almost 20 years.
Disney started looking for a new leader in 2023. They began searching seriously last year and asked James Gorman from Morgan Stanley to help them find someone.
Disney has time because Iger will stay at the company until the end of 2026. This is because of a new agreement.
Disney is looking for new leaders from inside and outside the company. People think the leaders from inside the company are Jimmy Pitaro from ESPN, Josh D’Amaro from Disney Parks, and Alan Bergman and Dana Walden from Disney Entertainment.
Disney expects to earn about $5.75 for each share this year. This is more than the $5.43 that experts thought. Before, the company said it thought earnings per share would grow by a small amount in 2025.
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