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00:03Disney reported adjusted earnings of $1.63 per share on $25.98 billion in revenue for its fiscal
00:09first quarter, topping expectations, according to CNBC. Growth was driven by the experiences
00:16segment, which exceeded $10 billion in quarterly revenue for the first time.
00:21Domestic parks generated $6.91 billion, and international parks reported $1.75 billion,
00:27each up 7%. Net income totaled $2.48 billion. Disney said it plans $7 billion in share repurchases,
00:37expects double-digit adjusted earnings growth, and projects $19 billion in operating cash flow
00:43for fiscal 2026. Disney said it expects its Disney Plus and Hulu streaming unit to generate about
00:50$500 million in operating income in the fiscal second quarter, roughly $200 million higher than
00:56a year earlier. Disney said its Experiences unit is expected to post modest operating income growth
01:02due to international visitation headwinds at domestic parks, and higher pre-launch,
01:07and pre-opening costs for new cruise and park projects.
01:10For all things money, visit Benzinga.com.
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