Disney earned good money in the second quarter because its theme parks in the US did very well and more than a million new people joined its streaming service.

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

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

From January to March this year, Disney made $3.28 billion. This means they earned $1.81 for each share. But in the same months last year, the company lost $20 million. This was like losing one cent for each share.

If we don't count special costs or extra money, the company made $1.45 for each share. This was more than the $1.18 that experts thought they would make, according to Zacks Investment Research.

The company made 7% more money, earning $23.62 billion. This was more than they expected.

Disney made 9% more money from movies and streaming. They made 6% more money from their parks.

Popular movies lately are “Moana 2” and “Mufasa: The Lion King.” Their newest film, “Thunderbolts,” is now number one at the box office. The leaders of the company said they believe in the movies coming out this year, 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 badly. On Monday, Trump started a new part of his trade war, focusing on films made outside the U.S.

Disney's streaming services, like Disney+ and Hulu, are doing well. This past quarter, they made $336 million. This is much more than the $47 million they made at the same time last year. Their total sales also went up by 8%.

More people are paying for Disney+ in the U.S. and Canada. The number of paying customers went up by 2% there. In other countries, not including Disney+ HotStar, the number of paying customers went up by 1%.

Disney+ got a little more paying users, reaching 126 million in the second quarter. This was a surprise because the company thought the number would go down a little compared to the first three months of the year.

180.7 million people had Disney+ and Hulu. This is 2.5 million more than in the first three months of the year.

Disney did very well recently because of its movies and shows. Their streaming service is making more money now, said Mike Proulx from Forrester. Disney is thinking about spending money to make movies and shows in other countries. This could mean they want to compete more with Netflix, which has many shows from different countries.

Disney makes money from successful movies in two ways, because these movies are also shown on their streaming service.

They said that 'Moana 2' is very popular on Disney+. People have watched it for over 139 million hours since March 12. This is the most popular start for a Disney cartoon movie on the platform since 'Encanto'. They also said that the first 'Moana' is still the most watched movie on Disney+, with over 1.4 billion hours watched.

The part of Disney with theme parks, cruises, and shops made more money. It made 9% more, which is $2.5 billion. The parks in the US made 13% more money. But the parks in other countries made 23% less. This was because of problems at the parks in Shanghai and Hong Kong.

Disney is good at managing its different businesses. It is also looking for a new person to be in charge after Iger, who has led Disney for a long time.

Disney started looking for a new leader in 2023. They started looking very seriously last year, and James Gorman from Morgan Stanley helped them.

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

Disney is looking for new leaders from inside and outside the company. People think some of the leaders from inside could be Jimmy Pitaro from ESPN, Josh D’Amaro from Disney Parks, and Alan Bergman and Dana Walden from Disney Entertainment.

Disney thinks it will earn about $5.75 for each share this year. This is more than experts expected, who thought it would be $5.43 per share. The company also said before that it expected to earn a bit more per share next year.