Disney beat Wall Street forecasts for the fourth consecutive quarter in more evidence that CEO Bob Iger's turnaround plan is working.

The Walt Disney Co. moved to a loss in its second quarter, hampered by significantly higher restructuring and impairment charges, but its adjusted profit topped Wall Street’s view and its streaming bu

Disney sounded an upbeat note on its parks business during the earnings call, noting that while attendance is normalizing from reopening-era peaks, the outlook still looks attractive. Consumers still have a desire to go on vacation and visit Disney parks,

Walt Disney's streaming entertainment unit posted its first profit on Tuesday, two quarters ahead of schedule, and the media company raised its annual earnings per share outlook as it said turnaround efforts were yielding results.

Walt Disney Co. reported fiscal second-quarter profit that beat estimates, thanks to sharply narrower losses in its streaming TV business and higher ticket prices at theme parks.

S hares of Walt Disney were falling after a charge from India operations resulted in a loss during the second quarter. On an adjusted basis, Disney topped Wall Street’s earnings expectations and the entertainment giant boosted fiscal-year guidance.