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Disney cheers Wall Street with streaming growth, U.S. parks profit

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Reuters

By Lisa Richwine and Tiyashi Datta (Reuters) -Walt Disney Co earnings topped Wall Street forecasts for the most recent quarter as its streaming services picked up new customers and the pandemic-hit theme parks unit recorded a profit. Shares of the entertainment company rose 5% in after-hours trading on Thursday to $185.53. Before the earnings report, shares were roughly flat from the start of the year. Disney Chief Financial Officer Christine McCarthy said that looking forward, theme park reservations at both U.S. parks remain strong, even as COVID cases surge https://tmsnrt.rs/2WTOZDR. Florid…

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