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With a stellar quarter, Disney proves it's a much different company than Netflix

Captain Minnie poses on board Disney's newest cruise ship The Wish.
Disney

Disney (DIS) reported a strong fiscal third quarter Wednesday after the bell. Revenue increased 26% year over year to $21.504 billion, beating estimates of $20.994 billion, according to FactSet. Disney's direct-to-consumer subscriber growth was a positive surprise, too. Adjusted earnings per share of $1.09 exceeded estimates of $0.97. 

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