<div id="readability-page-1">Earnings beat expectations: Disney’s adjusted EPS rose to $1.57 on $25.2 billion revenue, surpassing analyst forecasts and marking an 88% jump in streaming operating income. Stock drops post-report: Shares fell 1.19% to $104.90 despite record Experiences revenue and the first double-digit streaming margin, reflecting investor caution. Analysts see upside: Wall Street targets suggest up to 20% upside if streaming margins hold and Experiences growth continues, though risks include sports rights inflation and cash flow weakness.</div>

<p>Disney reported record earnings with an adjusted EPS of $1.57 and $25.2 billion in revenue, exceeding expectations and showing an 88% increase in streaming operating income. However, shares fell 1.19% to $104.90 post-report, indicating investor caution despite strong Experiences revenue and a double-digit streaming margin. Analysts suggest a potential 20% upside if streaming margins and Experiences growth continue, but caution against risks like sports rights inflation and cash flow issues.</p>

- Disney’s adjusted EPS rose to $1.57 with $25.2 billion in revenue, exceeding analyst forecasts and reflecting an 88% increase in streaming operating income.  
- Despite record Experiences revenue and a first double-digit streaming margin, shares dropped by 1.19% to $104.90, indicating investor caution.  
- Analysts project up to 20% upside if streaming margins maintain and Experiences growth persists, though concerns about sports rights costs and cash flow remain.

Disney shares slip despite record earnings and streaming milestone