Here are the results:
• Earnings per share: $1.09 per share vs. 96 cents expected, according to a Refinitiv survey of analysts
• Revenue: $21.5 billions vs. $20.96 billion expected, according to Refinitiv
• Disney+ total subscriptions: 152.1 million vs 147.76 million expected, according to StreetAccount
Disney’s parks, experiences and products division saw revenue increase 72% to $7.4 billion during the quarter, up from $4.3 billion during the same period last year. The company said it saw increases in attendance, occupied room nights and cruise ship sailings.
It also touted that its new Genie+ and Lightning Lane products helped boost average per capita ticket revenue during the quarter. These new digital features were introduced to curate guest experience and allow parkgoers to bypass lines for major attractions.
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