💨 Abstract

Disney reported Q4 earnings that surpassed estimates due to box office success of "Deadpool & Wolverine," and provided a positive outlook for FY25 with projected earnings growth in the high single digits. The company expects to buy back $3 billion worth of stock. Despite a decline in operating income at the Experiences and Sports divisions, the Entertainment unit's income doubled, with the return of "Only Murders in the Building" and successful summer movies.

Courtesy: theprint.in

Summarized by Einstein Beta 🤖

Powered by MessengerX.io