Disney Earnings Surge on Parks Strength and Box Office Hit
Disney's stock price rose by about 3.3% in premarket trading on Wednesday after the company reported Q3 earnings that exceeded expectations.
The strong performance at Disney's U.S. theme parks and the success of its latest box office hit, Toy Story 5, contributed to the better-than-expected results.
Disney's Q3 profit beat estimates, driven by a significant increase in revenue from its U.S. theme parks segment.