Disney stakes its claim in the upcoming Peltz board fight with an amazing quarter

The Disney+ web site on a laptop computer in Brooklyn, New York, on July 18, 2022.

Gabby Jones | Bloomberg | Getty Images

Disney reported stronger-than-expected fiscal 2024 first-quarter earnings after the closing bell Wednesday as price reductions throughout its many companies boosted margins regardless of flat income. A powerful revenue forecast for the remainder of fiscal 2024 and an upsized capital return program helped ship shares up greater than 6% increased in after-hours buying and selling.

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