The Walt Disney Company surprised Wall Street with its unprecedented three-year earnings guidance during its quarterly earnings report, a bold move by CEO Bob Iger. The streaming segment posted a profit, and entertainment earnings surged more than fourfold. Iger's second stint as CEO has focused on steering Disney through turbulent times and preparing for his successor, expected to be named in early 2026. By projecting confidence in Disney's future, Iger addresses succession concerns and provides Wall Street with a clearer vision of the company’s trajectory.
