Disney Tops Profit Estimates But Revenue Falls Short as Linear TV Struggles Continue
1. DIS reported mixed Q4 results; profits beat estimates, but revenues fell short. 2. Direct-to-consumer revenue rose 8%, yet missed expectations at $6.25 billion. 3. Linear TV business saw sharp declines in revenue and income due to viewership drops. 4. Disney anticipates double-digit EPS growth in fiscal 2026 and plans $7 billion buyback. 5. Potential deal with YouTube TV noted as negotiations regain momentum.