DIS also says it will sell its 50% stake in A+E for an estimated $1.2 bln and use proceeds for share repurchases, increasing its fiscal 2026 buyback target to at least $9 bln
Including session's moves, stock has fallen ~12% this year
Shares rise after better-than-expected profit
Shares of Walt Disney DIS.N rise 2.3% to $100.41
Co reports better-than-expected quarterly profit, driven by its parks and entertainment units
Posts adj EPS of $2.06, beating LSEG-compiled analysts' average estimate of $1.86, while rev of $25.2 bln misses expectations of $25.4 bln
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