Walt Disney Co. exceeded fiscal second-quarter profit expectations, suggesting potential for sustained growth in earnings, according to Seaport Research Partners senior analyst David Joyce. Speaking with BNN Bloomberg, Joyce described the latest earnings as "a mixed bag," highlighting the early profitability of Disney's direct-to-consumer streaming service, which achieved its financial goals two quarters ahead of schedule. However, he noted that the company faced higher than anticipated expenses across other divisions, tempering the overall positive outcome of the report.
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