Disney (DIS) Tops Q1 EPS by 9c, Disney+ Subs 26.5 Million

Disney (NYSE: DIS) reported Q1 EPS of $1.53, $0.09 better than the analyst estimate of $1.44. Revenue for the quarter came in at $20.86 billion versus the consensus estimate of $20.79 billion.

“We had a strong first quarter, highlighted by the launch of Disney+, which has exceeded even our greatest expectations,” said Robert A. Iger, Chairman and Chief Executive Officer, The Walt Disney Company. “Thanks to our incredible collection of brands, outstanding content from our creative engines and state-of-the-art technology, we believe our direct-to-consumer services, including Disney+, ESPN+ and Hulu, position us well for continued growth in today’s dynamic media environment.”

he following table presents the number of paid subscribers(1) (in millions) for Disney+, ESPN+ and Hulu:

For earnings history and earnings-related data on Disney (DIS) click here.

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