Disney stock pops as parks and streaming powered a big earnings beat

Adjusted EPS of $2.06 topped estimates of $1.86, while the experiences segment posted 10% revenue growth to nearly $10 billion

Disney reported growth at its domestic theme parks and cruises despite mounting macroeconomic uncertainty for consumers.

Disney’s Josh D’Amaro stepped out with solid numbers and some news in his first full quarter as CEO. Toy Story 5 drove studio revenue, theme parks saw an uptick in attendance, and streaming profits more than doubled for the three months ended in June. Total operating income for Disney’s fiscal third quarter jumped 21%

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 end

Net income climbed 48% from a year earlier to ¥809.4 billion in the three months ended June 30, exceeding analysts' ¥633.4 billion average estimate.