Walt Disney on Track for Success: Entertainment Boom and Park Performance Cause Earnings to Rise by 20%!

The Walt Disney Company (DIS) reported on Q2 on Wednesday and exceeded analysts' expectations. With a 7% growth to $23.6 billion, EPS advanced by 20% to $1.45. Walt Disney significantly topped the analyst consensus of $1.21. A major boost to profit growth came from the entertainment segment, benefiting from direct sales. Additionally, there was a slight increase in Disney+ and Hulu subscriptions from 2.5 million to 180.7 million. Earnings were also boosted by strong performance from Disney Parks. "After an excellent first half of the fiscal year,...