Disney Sees Solid Q1 Amid $110M Hit From YouTube TV Dispute

Disney posted solid fiscal first‑quarter results with revenue of $25.98 billion and EPS of $1.63 (excluding non‑recurring items), beating expectations but taking a $110 million hit to operating income from a YouTube TV carriage dispute. Parks, Experiences and Products generated over $10 billion in revenue with $3.3 billion in operating income; Entertainment revenue rose 7% but higher costs trimmed operating income, even as Disney+ and Hulu boosted streaming income to about $450 million (on track for $500 million next quarter). The company flagged modest growth for Experiences due to international headwinds and investors are eyeing CEO succession, with Josh D’Amaro as a leading candidate, while subscriber metrics are no longer disclosed quarterly.