Disney shares jump 5.5%, fueled by streaming surge and record park revenue

The Walt Disney Company surpassed Wall Street expectations for the fiscal second quarter.

Revenue rose 7% year-over-year. Total revenue reached $25.2 billion. Adjusted earnings per share totaled $1.57. This report marks the first results delivered under new CEO Josh D'Amaro.

Operating income for streaming services surged 88%. Streaming income reached $582 million. Subscriber growth and price increases fueled the streaming performance.

Revenue for the Experiences division rose 7%. The segment reached a fiscal Q2 record of $9.5 billion. Operating income for the division increased 5%. Domestic attendance saw a slight decline during the period. Disney shares rose 5.5% in pre-market trading.