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00:02Disney reported mixed fiscal third quarter results after beating earnings expectations
00:07and narrowly missing revenue estimates, according to CNBC. Adjusted earnings came in at 2.06 per
00:14share on revenue of $25.25 billion compared with estimates of $1.86 per share and $25.4 billion
00:21in revenue. Revenue rose 7% year over year to $25.25 billion. Experiences revenue rose 10%
00:29year over year to $9.97 billion, even as economic uncertainty weighed on consumers and competing
00:36theme park operators. Disney's streaming revenue rose 11% to $5.53 billion, driven by subscriber
00:42growth, price increases, and higher advertising revenue. Disney raised its fiscal 2026 share
00:48repurchase target from $8 billion to at least $9 billion, supported by $1.2 billion from the sale
00:54of its A plus E global media stake. For all things money, visit Benzinga.com.
00:59If you have visit Benzinga.com.
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