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Disney beats earning estimates with help from its theme parks

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(CNN, KYMA/KECY) - Disney is out with its quarterly earnings report and it beat Wall Street expectations.

Disney says its streaming revenue increased 6%. Platforms Disney+ and Hulu reports a subscriber base of 183 million, adding 2.6 million more than the previous quarter.

However, it was Disney's domestic parks business who had stronger sales and operating profits than expected. Revenue from the theme parks, cruise line, and consumer products surpassed $9 billion.

But, the company's linear TV business, including ABC and EPSN, took a hit, falling 4%.

Article Topic Follows: Business

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Dillon Fuhrman

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