EconomyDisney’s Third-Quarter Profit Growth Driven by Parks, Streaming

Walt Disney Co. reported fiscal third-quarter profit above Wall Street expectations. Stronger income from its entertainment division and resilient performance at theme parks in California and Florida helped produce a second consecutive quarter of better-than-expected profitability. The result came under Chief Executive Officer Josh D’Amaro. Geetha Ranganathan of Bloomberg Intelligence provided analysis of the performance.