Disney reported a surprise earnings beat, yet warned that a sharp drop in foreign tourists could dent US theme park revenue. The company flagged lower attendance at its Florida and California resorts, citing travel restrictions and a shift in global spending patterns for the next quarter and investors remain cautious.

With Bob Iger set to step down, the board will soon decide his successor. Analysts say the leadership transition could influence strategic priorities, especially in digital streaming and park expansion. Investors will watch the meeting for signals on future capital allocation and growth plans in the coming months today.

Disney’s guidance signals a cautious outlook as international travel rebounds slowly. The company’s theme‑park segment, a key driver of its $70 billion-plus revenue, faces headwinds that could tighten margins. Analysts predict a 5‑10% drop in attendance, prompting a review of pricing and marketing strategies for the next fiscal year and beyond.