Disney made good money from April to June. Their parks in the US did very well. Also, more than a million people started paying for their online movies and shows.

The company said it expects to make more money this year. This made their shares go up by 11% on Wednesday.

Disney also said they will build a seventh theme park in Abu Dhabi.

In the first three months of this year, Disney made $3.28 billion. This is about $1.81 for each share. Last year, the company lost $20 million, which is about one cent for each share.

If you don't count special costs or extra money, the company earned $1.45 for each share. This was more than the $1.18 that experts thought they would earn, based on a study.

Money earned went up 7% to $23.62 billion. This was more than people expected.

Disney's entertainment business, like movies and streaming, made 9% more money. Their parks also made more money, with a 6% increase.

Some movies that did well recently are “Moana 2” and “Mufasa: The Lion King.” Their newest movie, “Thunderbolts,” is the most popular movie right now. The boss, Bob Iger, and the money boss, Hugh Johnston, said they believe the movies this year will be successful. Some of 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 President Trump started.

Disney's streaming services, like Disney+ and Hulu, are earning more money now.

In the US and Canada, Disney+ got 2% more people who pay to watch. In other countries, not counting Disney+ HotStar, they got 1% more paying people.

More people are paying for Disney+ now. In the last three months, the number of subscribers went up a little to 126 million. Before that, in the first three months, there were 124.6 million subscribers. Disney thought the number of subscribers would go down a little bit.

There are now 180.7 million people who pay for Disney+ and Hulu. This is 2.5 million more than in the first three months of the year.

Mike Proulx said Disney had a good three months. He said their movies and TV shows were popular and their streaming service is making more money. He also said Disney might make more local shows in other countries, like Netflix, to try and be as popular as them.

Disney gets two good things from successful movies. First, they make money at the cinema. Second, these movies can be watched on their streaming service later.

"Moana 2" was watched a lot on Disney+ since March 12. People watched it for over 139 million hours. This makes it the most popular new Disney cartoon on Disney+ since "Encanto." Iger and Johnston said this. The first "Moana" movie is still the most popular movie on Disney+. People have watched it for over 1.4 billion hours.

The part of Disney with parks, ships, and stores made more money, up 9% to $2.5 billion. Parks in the US made 13% more. But parks in other countries made 23% less because fewer people visited the parks in Shanghai and Hong Kong.

Disney is doing a good job managing its different businesses. They are also looking for someone new to lead the company after Iger, who has been the main person at Disney for almost 20 years.

Disney started looking seriously for a new leader last year with help from James Gorman from Morgan Stanley.

Disney has time because Bob Iger will be the boss until the end of 2026.

Disney is looking for new leaders. They are considering people who already work at Disney and people from other companies. Many people think that some people who work at Disney might get the job. These people are Jimmy Pitaro, who leads ESPN, Josh D’Amaro, who leads Disney Parks and Resorts, and Alan Bergman and Dana Walden, who lead Disney Entertainment.

Disney thinks it will earn $5.75 for each share this year. This is more than what experts expected.