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Disney beats Q3 estimates as streaming profit doubles

Disney beats Q3 estimates as streaming profit doubles

Walt Disney Co (NYSE:DIS, XETRA:WDP) on Wednesday reported fiscal third-quarter results that topped Wall Street estimates, driven by a doubling of streaming profit and record domestic theme park revenue. Adjusted earnings per share came in at $2.06, up 28% from a year earlier and well above the $1.86 analysts had forecast.
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