News Summary

• Walt Disney has today exceeded Wall Street's quarterly earnings estimates as streaming and theme park revenue rose.
• New chief executive Josh D'Amaro reiterated that the company expected growth to accelerate in the second half of the fiscal year.
• The entertainment giant reported adjusted earnings-per-share of $1.57 and revenue of $25.2 billion for January to March.
• The boost came partly from higher subscription and advertising revenue from streaming services including Disney+.Movie box-office hits "Zootopia 2" and "Avatar: Fire and Ash," released last year, continued to contribute during the quarter.