Disney’s streaming -business posts that amusement parks take hit from hurricanes

Disney (DIS) Reported earnings in first quarter On Wednesday, this expectations as a media and entertainment giant broke a surplus in its streaming segment, while its park business was facing setbacks in the midst of two back-to-back organs and major cruise ship investments.

Disney+ subscribers also fell by 700,000 in the quarter as a result of expected user cure in the middle of the recent price increases. The company walked the price of its various subscription plans in mid -October.

Analysts examined by Bloomberg had expected subscribers to fall by 1.41 million. The company had reported a loss of 600,000 Disney+ subscribers in the previous year. In the current quarter, the company said it expects another “modest decline” in Disney+ subscribers compared to Q1.

Shares originally ticked over 2% in trading before the market after the results, but turned these gains when investors assessed the report.

Revenue of $ 24.70 billion expected expectations of $ 24.57 billion in the quarter and represented a 5% increase from the previous period.

Adjusted earnings per A share of $ 1.76 came in front of the $ 1.42 analysts examined by Bloomberg had expected. Earnings increased 44% a year ago.

For the entire year 2025, Disney confirmed the High Single-digit EPS growth compared to fiscal 2024. Estimates call for an increase of 8.1% years over year.

Across its various segments, the company saw mixed results, highlighted with a 5% decrease in operating income for the company’s domestic parks and experiences. This reflected a “9 percentage point negative impact on growth from the previous year due to the hurricanes and cruise costs,” the company said in release.

Disney estimated in November that Hurricanes Helene and Milton would register a hit of about $ 130 million in the quarter, while Disney Cruise Line before launches would tackle another $ 90 million.

The company maintained its prior guidance that operating income in the parks will improve beyond the first quarter, estimating growth between 6% and 8% for full -year 2025.

Outside of parks, the operating income of Disney Entertainment rose 95% years over the year as the company Enjoyed a series of theater hits at the cash officeIncluding “Mufasa” and “Moana 2.”

And on the streaming front, its directly swung to the consumer (DTC) streaming company — which includes Disney+, Hulu and ESPN+-to a profit of $ 293 million from a loss of $ 138 million a year ago, ahead of analysts’ expectations. It marked the third equal quarter of profitability for the streaming industry.

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