Walt Disney stock is higher Thursday after the entertainment giant beat earnings expectations and issued a strong outlook.
The company’s long-term forecast buoys hopes that streaming can make strong profits while theme parks show resilience.
The company, which does not typically release guidance to investors, said that profit would jump over the next three years.
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We’ve emerged from a period of considerable challenges and disruption,” Iger told investors. “We’re well positioned for ...
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Disney’s streaming business and studio gained momentum in the September quarter, while its cable and theme park profit ...