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Unexpectedly strong numbers during Disney earnings for its streaming and parks businesses prompted … More the company to raise its profit outlook for 2025, sending its stock soaring. Getty Images Disney earnings report on Wednesday confirmed that, after a few years of ups and downs, the Mouse House is on the way back up. The company increased its profitability outlook after stronger-than-expected numbers for its parks and digital streaming businesses, driving a generally cheery picture for the media conglomerate. Investors were clearly happy with what they saw amid this volatile 2025 market. The good news sent Disney stock soaring, up 10% in trading by midday. The company projected full-year profit will hit $5.75 per share, up from an earlier projection of $5.44. That is up 16% from fiscal 2024 and well above an earlier guidance released by the company. Here are five takeaways from the second quarter Disney earnings. 1. Disney+ Subscribers Grew, Which Surprised Even Disney Disney had projected a decline in Disney+ subscribers during second quarter. Instead, global subscriptions rose 1.4 million to put the streaming service at 126 million worldwide. Disney+ subscriptions had been rather volatile the past few years what with losses from Hotstar, its Indian service, following a loss of cricket rights that sent subscribers fleeing. This time, Disney did not include Disney+ Hotstar in its international numbers, where it saw a 1% increase. Domestically, paid subscriptions were up 2%. Disney CEO Bob Iger credited in part Disney’s box office success for helping to drive online subscriptions — for example, Moana 2, which took in more than $1 billion worldwide and was 2024’s No. 3 film, recently became Disney+’s biggest debut since Encanto. 2. Big Box Office Sparks Success In Other Areas For Disney Earnings Indeed, a success like Moana 2 doesn’t just resonate in…

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Filed under: News - @ May 7, 2025 9:28 pm