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Disney Posts Strongest Quarter in Years Amid Regulatory Uncertainty

Guavy AI Editorial Team
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DIS
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Disney's Q3 results show the company's strength despite regulatory uncertainty.

The Walt Disney Company posted its strongest quarter in years, with fiscal Q3 adjusted EPS of $2.06 beating estimates and total segment operating income up 21% YoY.

However, this success is overshadowed by a lawsuit against the Federal Communications Commission (FCC) over eight ABC broadcast licenses.

The company's CEO Josh D'Amaro acknowledged the regulatory challenge in a Q3 earnings call, saying 'This was an excellent quarter for us, and our Q3 results and reiterated full year outlook show we're operating from a real position of strength.'

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