Disney Quarterly Revenue Flat and Operating Income Drops 5%, but Company Affirms Bullish Earnings Outlook on Streaming Momentum

Disney’s revenue for the September quarter was roughly flat year over year — coming in short of Wall Street estimates — and adjusted earnings per share declined 3%. But Disney+ and Hulu subscriber additions were better than expected, and the company says it’s still on track to deliver double-digit earnings growth over the next two […]