Disney (DIS) Q2 EPS of $1.57 Beats Consensus by 4.98%

AI Summary

Disney (DIS) reported fiscal Q2 adjusted EPS of $1.57, surpassing consensus estimates by 4.98%. Revenue for the quarter reached $25.16 billion, reflecting a year-over-year increase of 6.55%, while operating income surged 31.29% to $4.60 billion. The Entertainment SVOD segment achieved its first double-digit operating margin at 10.6%. Additionally, an $8 billion buyback authorization and a price target increase to $122.51 suggest a 13.37% upside from the current price of $108.06.