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Disney Shares Jump 4% As Q3 Earnings Beat Estimates; Share Buyback Target Hiked To $9 Billion
Disney's fiscal Q3 revenue rose 7% year-on-year to $25.25 billion, while adjusted EPS increased to $2.06 from $1.61. The experiences segment grew 10%, while entertainment streaming revenue climbed 11%, driven by Disney+ and Hulu.
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