Bullish
Disney's stock rises above $110 after Q3 2026 earnings beat expectations
Walt Disney Co.'s stock surged past $110 following the release of its fiscal Q3 2026 earnings report, which showed a 7% increase in revenue and a 21% rise in operating income. Notably, streaming margins reached 13%, indicating improved profitability in the direct-to-consumer segment.
Key points
- Disney's fiscal Q3 2026 earnings report shows 7% revenue growth and 21% operating income increase.
- Streaming margins reach 13%, signaling improved profitability in the direct-to-consumer segment.
- Ally Financial Inc. invests $6.93 million in Disney, acquiring 72,000 shares.
- Executive Vice President Brent Woodford sells 7,238 shares of Disney stock for approximately $762,233.
Sources
AI-generated from public news sources. Not financial advice.