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Now it's time to take a look at stocks on the move today. I'm Nathan Hager, joined by Bloomberg's a Beer abu Omar on a very busy morning for earnings, starting with Walt Disney Company. The magic continues, it seems under new CEO, Josh Tomorrow. Good morning of beer.
Good morning, Nathan. Yeah, look, you're right.
I mean, these are Disney's first results under the new CEO, Josh Tomorrow, who succeeded Bob Eiger in mid March.
I'm just taking a look at some of the numbers that we saw.
So Walt Disney did posts results that are stronger than Wall Street expected. This is thanks to improved profit in its streaming business EPs. This is some news here. EPs excluding some items rose to one point five seven dollars. This is during the second fiscal quarter. That is higher than the average estimates. But something that is perhaps interesting in all Disney's results today is that they reported a decline and visitor numbers in the US theme parks for
the first quarter. This is again under the new CEO, Josh Tomorrow, and this is because we returned to the Middle East here because of a squeeze on consumer spending that was fueled by the war in the Middle East. But Disney did say that it expects EPs to grow
twelve percent for this fiscal year. Now, perhaps something that is not reflected in the reflected in the results today is that the Devilwar's product under Disney, brought about two hundred and thirty three million dollars in the box office globally, making it the largest opening weekends for the year. And I mean I watched it, so, yeah.
That's very good.
We're watching CVS Health as well. Some positive of earnings to tell there.
Yeah, yeah, just came out this morning.
They're actually leading to leading to a surge in the stock this morning five percent in the pre trade higher. They boosted the adjusted earnings per share again, the guidance for the full year, they see it at seven point three dollars seven point five. That compares to seven to seven point two and the estimate, the consensus there was
seven point one two dollars. And so some of the things that came out from the company, or that the quarterly adjusted growth here was primarily due to improved adjusting adjusted operating income in the healthcare benefits segment. So again, this flood of good news is leading to a gain in CBS's stock.
This morning, the pre trade socially the Stock Movers Report from Bloomberg Radio. Check back with us throughout the day for the latest roundup of companies making news on Wall Street and for the latest market moving headlines. Listen to Bloomberg Radio, catch us on YouTube, Bloomberg dot com, and on Applecarplay and Android Auto with the Bloomberg Business app.