Disney reported its first-quarter earnings for fiscal 2025, exceeding analysts' expectations. The company posted adjusted earnings per share (EPS) of $1.76, surpassing the estimated $1.42, and revenue of $24.7 billion, beating the expected $24.62 billion. Entertainment operating income surged 95% to $1.7 billion, driven by the success of "Moana 2," which topped $1 billion worldwide. However, Disney+ lost 700,000 subscribers during the quarter, bringing total subscribers to 124.6 million, while Hulu gained 1.6 million to reach 53.6 million subscribers. CEO Bob Iger reaffirmed the company's fiscal year outlook of high single-digit adjusted EPS growth and noted that the Direct-to-Consumer streaming segment swung to a profit of $293 million.