Disney reports streaming profit but parks under strain

The mixed picture drove its shares down 3.3 percent around 10 minutes into trading. The company saw revenues of $23.2 billion, beating projections of $23.1 billion according to analysts polled by FactSet, while overall profits reached $2.6 billion. "This was a strong quarter for Disney, driven by excellent results in our Entertainment segment both at the box office and in DTC (direct-to-consumer)," said Disney chief executive officer Bob Iger in a statement. He added that this came "as we achieved...