Disney Plus Has 26.5M Subscribers; Costs Weigh on Profit

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Disney Plus Has 26.5M Subscribers; Costs Weigh on Profit

Disney Plus Has 26.5M Subscribers; Costs Weigh on Profit

Adjusted for one-time items, earnings came to $1.53 per share.

Analysts polled by FactSet expected earnings of $1.46.

Revenue rose 36% to $20.9 billion.

Wall Street expected revenue of $20.7 billion.

Disney shares rose 1.2% in after-hours trading to $146.50.
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rtehrani

Rich Tehrani at @ITEXPO, Feb 11-14, FL Disney Plus Has 26.5M Subscribers but Profit Falls 23&#37; https://t.co/VSnK8ZOoFJ https://t.co/GyUwG5LIrK 4 hours ago

weareiowa5news

We Are Iowa Local 5 Disney said its Disney Plus streaming service reached nearly 29 million paid subscribers in less than three months,… https://t.co/WKUXoJ0qWB 5 hours ago

wmalnews

WMAL News Disney Plus has 26.5M subscribers; costs weigh on profit https://t.co/mtiZsFzKsu https://t.co/u6DWNdMf7f 6 hours ago

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WMAL DC Disney Plus has 26.5M subscribers; costs weigh on profit https://t.co/l0huir3snP https://t.co/oCcmiXmNkp 6 hours ago

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KWKT FOX 44 Disney said its Disney Plus streaming service reached nearly 29 million paid subscribers in less than three months… https://t.co/93Jr042gk8 7 hours ago

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Charles T RT @JFrayWTOP: Disney+ hits nearly 25 million subscribers in three months: https://t.co/PY3YCalx99 7 hours ago

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Jason Fraley Disney+ hits nearly 25 million subscribers in three months: https://t.co/PY3YCalx99 7 hours ago

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Top U.S. & World News🗽 Disney Plus Streamer Hits Nearly 29M Subscribers in 3 Months The Disney Plus streaming service reached nearly 29 mi… https://t.co/FZZgGK219E 7 hours ago