Disney posts mixed results for quarter plagued by streaming woes, restructuring costs

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Members of the Writers Guild of America and the Screen Actors Guild walk the picket line outside of Disney Studios in Burbank, California, on July 18, 2023. 
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Disney posted mixed results for the fiscal third-quarter despite ongoing streaming woes and massive restructuring costs from pulling content from its platforms.

Here are the results:

EPS: $1.03 per share adjusted, versus 95 cents per share expected, according to a Refinitiv consensus surveyRevenue: $22.33 billion, versus $22.5 billion expected, according to RefinitivDisney+ total subscriptions: 146.1 million, versus 151.1 million expected, according to StreetAccount

Ahead of Disney's earnings call, investors are looking for more clarity on how Iger plans to fix Disney's TV business and juggle the decline of subscribers at Disney+.

Disclosure: Comcast is the parent company of NBCUniversal and CNBC.

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