Net income attributable to The Walt Disney Company was $918 million, or $0.50 per share, compared to a net loss of $4.7 billion, or $2.61 per share, last year. Adjusted EPS more than doubled to $0.80 from $0.08 in the prior-year period.
The top and bottom line numbers beat market expectations.
The company’s direct-to-consumer business had a total of around 174 million subscriptions across Disney+, ESPN+ and Hulu at the end of the quarter.
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Shares gained 5% during aftermarket hours.
Prior performance
