Disney beats earnings estimates in CEO Josh D'Amaro's first full quarter

Disney CEO Josh D'Amaro unveiled earnings results after his first complete quarter at the helm. VCG/VCG via Getty Images Disney pleased Wall Street in its first full quarter under CEO Josh D'Amaro . Shares rose over 4% in premarket trading as the Mouse House posted mixed revenue and earnings results for the quarter ending on June 27. Adjusted diluted earnings per share were up 28% year-over-year to $2.06, higher than analysts' estimate of $1.86 per share. Revenue rose 7% year-over-year to $25.25 billion, which was just below the estimate of $25.39 billion from analysts polled by Bloomberg. Heading into the earnings report, Disney's stock had fallen 13.7% in 2026 and 17% in the last 12 months. Disney had impressed investors in D'Amaro's first-ever earnings call in charge, as shares popped 7.5% on the back of robust revenue and earnings growth . D'Amaro had unveiled the three pillars of his long-term strategy: investing in IP and creativity , better connecting with consumers, and leaning into "advanced technologies," including AI. This story is developing. Read the original article on Business Insider