Disney earned good money in the second quarter. Their theme parks in the US did very well, and over a million new people joined their streaming service.

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

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

From January to March, Disney made $3.28 billion. This was $1.81 for each share. The year before, the company lost $20 million, which was one cent for each share.

If we don't include special costs or extra money, the company earned $1.45 for each share. This was more than the $1.18 that experts expected, according to Zacks Investment Research.

The money earned went up 7% to $23.62 billion. This was more than people thought it would be.

Disney Entertainment made 9% more money, and Disney Parks made 6% more money.

Recently successful movies at the box office include “Moana 2” and “Mufasa: The Lion King.” Their most recent film, “Thunderbolts,” is currently the top movie. The CEO, Bob Iger, and the Chief Financial Officer, Hugh Johnston, stated that they believe the movies planned for this year will be successful, mentioning titles like “Lilo & Stitch,” “The Fantastic Four: First Steps,” and “Avatar: Fire and Ash.”

But Disney might have problems because of the trade war President Donald Trump started. Other American companies have seen people in other countries react negatively. On Monday, Trump started a new part of his tariff war, aiming at movies made outside the U.S.

Now, Disney's streaming business is still getting bigger. The part of the business that has Disney+ and Hulu made $336 million profit in the last three months. Last year at the same time, it made $47 million. They earned 8% more money.

More people are paying for Disney+ now. In the U.S. and Canada, 2% more people are subscribers. In other countries, 1% more people are subscribers, but this does not include Disney+ HotStar.

More people subscribed to Disney+ this quarter than before.

Disney+ and Hulu had 180.7 million people paying for their services. This is 2.5 million more people than three months before.

Disney did better than expected this quarter. Their streaming service is making more money. Mike Proulx, a manager at Forrester, said this. Disney wants to spend money to make shows in other countries. This might mean they want to compete more with Netflix. Netflix has many popular shows from different countries.

Disney gets two good things from successful movies. They can show the movies in cinemas, and then they can put them on their streaming service.

The movie "Moana 2" is very popular. People have watched it for over 139 million hours on Disney+ since March 12th. This makes it the most popular Walt Disney cartoon movie when it first came out on the platform since "Encanto." They also said that the first "Moana" is still the movie people have watched the most on Disney+, with over 1.4 billion hours watched.

The part of Disney that includes the parks, cruises, and things they sell made more money, about 9% more. The parks in the US made 13% more money. But the parks in other countries, like Shanghai and Hong Kong, made 23% less money because not as many people visited them.

Disney is looking for a new leader to take over from Iger, who has been the main person at Disney for almost 20 years.

Disney started looking for a new leader in 2023. They began searching seriously last year when James Gorman from Morgan Stanley helped them.

Disney has some time because Iger will stay with the company until the end of 2026.

Disney is looking for people from inside and outside the company. People think the people from inside could be Jimmy Pitaro, who leads ESPN, Josh D’Amaro, who leads the Disney Parks, 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 the $5.43 that experts expected.