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

Disney exceeded earnings estimates during CEO Josh D'Amaro's first full quarter, fueled by strong growth in experiences and surging entertainment segment profits. During the quarterly earnings call, D'Amaro praised Sony Pictures Entertainment for the success of Spider-Man: Brand New Day. He noted that the film's $360 million U.S. debut, which surpassed Avengers: Endgame, represents an unbelievable result that bodes well for the upcoming release of Avengers: Doomsday, signaling positive momentum for Disney's future cinematic installments.