DIS Stock Notches Its Best Single-Day Gain In A Year As It Eyes Double-Digit Earnings Growth In FY27

• Disney’s new CEO, Josh D'Amaro, stated that the company would remain committed to strengthening its streaming business, while capitalizing on live sports.
• He also stated that the company will continue to invest in its theme parks as well as cruise lines.
• Disney’s Experiences segment posted a 5% rise in Q2 operating income as revenue climbed 9% year over year to $9.5 billion.

Shares of The Walt Disney Co. (DIS) surged more than 7% in Wednesday’s midday trade after the company announced better-than-expected second-quarter (Q2) results and forecast double-digit earnings growth in FY27.

Disney reported earnings per share (EPS) of $1.57 on revenue of $25.2 billion, surpassing Wall Street estimates of an EPS of $1.5 on revenue of $24.85 billion, according to Fiscal.ai data.

What’s Pushing DIS Stock Higher?

Disney stated that it expects double-digit earnings growth in 2027. The company noted that in the fourth-quarter (Q4) of fiscal 2027, it will lap the impact of the 53rd week in Q4 of fiscal 2026.

“Our focus remains consistent: improve ‌the consumer experience, deepen engagement, and continue building a healthy and more durable growth business,” said Disney’s new CEO, Josh D'Amaro, during the company's earnings call.

D'Amaro stated that Disney would remain committed to strengthening its streaming business, while capitalizing on live sports. He also stated that the company will continue to invest in its theme parks as well as cruise lines.

DIS Experiences Segment Sees Growth

Disney reported that its Experiences segment, which includes theme parks, cruise lines, and other consumer products, experienced a 5% year-on-year rise in operating income during Q2. The segment’s revenue rose 9% YoY to $9.5 billion during the quarter.

The company stated that guests spent more time at theme parks in the U.S., while volumes at cruise ships also registered an increase.

International Visits To DIS Parks Softer

However, Disney added that international visits to its theme parks in the U.S. were softer this quarter. 

The company stated that while it recognizes that rising global macroeconomic uncertainty could weigh on consumers, it remains encouraged by current demand trends. Disney added that it expects year-over-year attendance at its domestic parks in the third quarter (Q3) to improve from Q2 levels.

How Did Retail Traders React To DIS?

Retail sentiment on Stocktwits around Disney trended in the ‘bullish’ territory, with message volumes at ‘high’ levels.

DIS stock is down 6% year-to-date, but up 16% over the past 12 months. The S&P 500 ETF (SPY) and the Vanguard Total Stock Market Index Fund ETF (VTI) are up 31% over the past 12 months.

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