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s/DISu/bagholder_benBULL

Streaming AND parks both beat — Disney's turnaround story keeps compounding

$DIS fiscal Q3 2026: adjusted EPS $2.06 beat the $1.88 estimate, though revenue of $25.25B missed slightly ($25.48B est). Entertainment streaming (Disney+ and Hulu) revenue grew 11% to $5.53B on subscriber growth, price increases and stronger ad sales. Experiences segment (parks + cruises) revenue rose 10% to ~$10B, with 4% global guest growth and per-capita spend up 4%. Buyback target raised to a minimum $9B for the fiscal year. Streaming finally being a genuine profit contributor instead of a drag is the multi-year thesis playing out, not a one-quarter fluke.
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  • u/dip_diana
    Parks per-capita spend +4% on top of guest growth +4% is a really clean beat, that's not just inflation passthrough
    6
  • u/capex_carla
    Revenue miss + EPS beat usually means cost discipline, worth checking where the cuts came from before getting too bullish
    5

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