Disney surges after quarterly earnings beat

Walt Disney Co

06/05/2026 11:49

** Walt Disney DIS.N shares rise 8.3% to $108.84 premarket

** Co's Q2 revenue rises 7% to $25.2 bln vs analysts' avg. estimate of $24.78 bln - data compiled by LSEG

** Posts Q2 adj. EPS of $1.57 vs. estimates of $1.49

** New CEO Josh D'Amaro said he expects adj. EPS growth for fiscal 2026, which ends in early October, to reach about 12%

** Up to last close, stock has fallen 11.7% YTD

(Reporting by Anhata Rooprai in Bengaluru)

((Anhata.Rooprai@thomsonreuters.com))