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    Disney earnings top Wall Street expectations amid proxy battle with Nelson Peltz

    Disney beat earnings expectations for its most recent fiscal quarter as pressure mounts on Chief Executive Bob Iger to impress shareholders while trying to beat back a challenge to his strategy from activist investor Nelson Peltz. The Burbank entertainment giant delivered net income of $2.15 billion during the first fiscal quarter of 2024, which is about 58% higher than what it made a year ...
    by Christi Carras, Los Angeles Times Feb 07, 2024 3 minutes

    Disney beat earnings expectations for its most recent fiscal quarter as pressure mounts on Chief Executive Bob Iger to impress shareholders while trying to beat back a challenge to his strategy from activist investor Nelson Peltz.

    The Burbank entertainment giant delivered net income of $2.15 billion during the first fiscal quarter of 2024, which is about 58% higher than what it made a year earlier, according to an earnings report released Wednesday. The first-quarter results landed as Iger strives to convince investors after unexpectedly returning to the helm in November 2022.

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