Disney earnings are out – here are the numbers. They killed it! Huge beat

Earnings per share: $1.06 adj. vs 63 cents expected, according to a Refinitiv survey of analysts

Revenue: $21.82 billion vs $20.91 billion expected

Disney+ total subscriptions: 129.8 million vs 125.75 million expected, according to StreetAccount

It’s unclear what percent the House of Mouse will get from the latest Marvel Cinematic Universe film, as terms of the deal between the two studios has never been disclosed, but Disney is expected to get a piece of the film’s $1.77 billion global haul.

Investors should expect Disney to double-down on theatrical releases for its major tentpole films going forward, which will reduce cannibalization of ticket sales from day and date streaming releases.


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