Disney exceeded Wall Street's earnings expectations last quarter. Read CEO Josh D'Amaro's full memo to Disney employees.

Josh D’Amaro’s letter to investors was full of grand ideas to boost the company’s battered shares, but a little light on detail.

Disney had plenty of things to spotlight. Among them: the entire company’s revenue was up 7% in the fiscal Q2, to just under $25.2 billion compared with same period last year. The post Disney CEO D’Amaro Shifts Earnings Call Focus As Streaming Revenue Soars appeared first on TV News Check.

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Walt Disney is set to report earnings on Wednesday—the first time it has done so under new CEO Josh D’Amaro, who replaced Bob Iger in March. Analysts expect the entertainment company to post adjusted earnings for the fiscal second quarter of $1.

Disney reported its fiscal second-quarter earnings early Wednesday morning, beating Wall Street expectations, with D'Amaro laying out his thoughts on AI, original IP, and that new Abu Dhabi park.

The company recorded adjusted earnings per share of $1.57, up from the $1.45 it reported in the same quarter last year. That came in ahead analysts’ expectations for $1.49 per share. Revenue for the quarter came in at $25.

Walt Disney Co. posted stronger results than Wall Street expected thanks to improved profitability at its streaming business, new Avatar and Zootopia movies, and guests spending more at the company’s resorts and on cruises.