Disney Q3 Revenue Hits $25.2B, Buyback Target Raised to $9B
DIS is trading near its 52-week low of $92.185 (9.3% above the low).
Summary
Disney's Q3 revenue rose 7% to $25.2B, driven by a 10% jump in experiences and Toy Story 5 crossing $1B globally. Adjusted EPS climbed to $2.06 from $1.61, while net income halved due to a prior-year tax benefit. Domestic park attendance grew 3% with per-capita spending up 4%, offsetting soft international visits. The company sold its A&E stake for $1.2B and now targets at least $9B in FY26 buybacks, up from prior plans. A new TikTok partnership will let users create content from Disney IP, and the consumer products unit shifts to entertainment in October. This follows the Q2 report that showed streaming profitability and a $7B buyback target—today's raise signals stronger cash confidence.
At the time of this announcement, DIS was trading at $100.78 on NYSE in the Trade & Services sector, with a market capitalization of approximately $170.5B. The 52-week trading range was $92.19 to $119.78. This news item was assessed with positive market sentiment and an importance score of 9 out of 10. Source: Dow Jones Newswires.