EPS $0.80 versus $0.55 estimate

Disney's earnings/revenues after the close came in better than expected:

  • adjusted EPS $0.80 versus $0.55 estimate
  • revenues $17.02 billion versus $16.76 billion estimate
  • number of Disney+ paid subscribers 116 million versus 114.5 main estimate

Disney shares are trading up around seven dollars or 4% at $186.30