Disney Stock Jumps on Strong Results, Profit Outlook Lift
1. Disney's Q2 EPS of $1.45 exceeded analyst expectations of $1.20. 2. Company raised its fiscal year EPS outlook by 16% to $5.75. 3. Disney+ subscribers grew to 126 million, surpassing forecasts of 123.6 million. 4. CEO Bob Iger expressed optimism about upcoming projects and company's direction. 5. Despite gains, shares down 17% year-to-date amid economic uncertainty.