(BFM Stock Exchange) – The American entertainment specialist has delivered results above expectations, carried by a surprise growth of his subscribers for Disney +, his video platform on demand.

Walt Disney’s latest publication enchants investors. In Wall Street, the American entertainment giant jumped 10.50% after exceeding expectations in the second quarter of its 2024-2025 exercise.

Over this period from the beginning of January to the end of March, Walt Disney Co generated revenues of $ 23.6 billion up 7% by one year while its profit per share, excluding exceptional elements was $ 1.45, with a leap of almost 20% compared to the $ 1.21 unveiled a year earlier.

According to a LSEG consensus quoted by CNBC, analysts tamed a turnover of 23.14 billion dollars and an adjusted share per share of $ 1.20.20.

The good surprise on Disney+ subscribers

Walt Disney’s accounts were notably supported by its direct to consumer “(DTC) division which includes the Disney+ services as well as Hulu and ESPN+. This activity has recorded its income growth from 8% to 6.12 billion dollars while its operating profit has increased sharply over one year, going from $ 43 million to $ 336 million.

Its Disney+ flagship service has done much better than expected. Disney, who previously declared to expect a drop in the number of subscribers to Disney+ during the quarter, finally won 1.4 million over the period, which brings the number of subscribers to its flagship platform to 126 million.

In addition, income from amusement parks and cruises increased from 9% to 8.89 billion dollars in the second quarter, marking acceleration compared to the previous quarter (+2%). The operating profit has also climbed, 13% over one year to $ 1.82 billion.

This division benefited from an increase in visitors’ spending, and especially in the group’s theme parks. Disney indicates that it has observed an increase in reservations on its cruise ships following the launch in December of the Disney Treasure, the new Disney Cruise Line ship.

On the sidelines of its quarterly results, Disney announced the opening of a new amusement park which will be located on the island of Yas Island in the United Arab Emirates. It will be the 13th theme park of the American company and will be built and managed in the form of a license agreement, by the Emirati Miral group.

A “modest” progression of Disney+ subscribers in T3

Sides Perspectives, Disney expects a “modest” progression of its Disney+ subscriber base during the third quarter.

On the other hand, the company has revised upwards some of its forecasts for the whole of the current financial year. Disney expects, for example, that the operating result of its pole to disseminate sporting events, increased by 18 % over a year, which is greater than the growth of 13 % initially planned.

Disney says it continues to monitor macroeconomic developments in order to assess the potential impact on its activities. However, the company said it is “optimistic” on its prospects for the year ended in September 2025.