Disney beats quarterly earnings on parks and streaming strength

1. 1Disney (DIS) adjusted EPS of $2.06 beats estimate of $1.86; shares surge 4% premarket despite revenue miss
2. 2Revenue of $25.25 billion (+7%) falls about $150 million short of estimate…Experiences $9.97 billion (+10%), Streaming $5.53 billion (+11%)
3. 3Domestic park attendance up 3% and per-capita spending up 4%; share buyback authorization raised from $8 billion to at least $9 billion

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