Disney beat Wall Street's expectations on revenue and earnings per share in its fiscal first quarter. Disney+ subscribers declined by 1%, despite the segment's profit. Average monthly revenue per Disney+ subscriber rose 4% due to price hikes, while Hulu subscriptions grew 3%. The entertainment division saw revenue climb 9%, boosting operating income by 95%. Domestic theme park revenue rose 2% year-over-year, but hurricanes, attendance declines, and cruise ship investments hindered domestic operating income.
