Disney said its experiences division, which includes theme parks, resorts, and cruises and is led by D'Amaro, crossed $10 billion in quarterly revenue for the first time.
The company's overall revenue was roughly $26 billion, up 5% yearly, and beating Wall Street's expectations of $25.7 billion.
The company's CEO announcement marks the second time it's appointed a successor for Iger. His first stint as CEO ended in 2020 when Disney picked Bob Chapek to take the top position. But Chapek was fired in late 2022, prompting Iger to return.
Jefferies analysts said in a note Monday, before Disney tapped D'Amaro as its next CEO, that the "leadership transition remains an overhang on shares."
In a Monday note, BofA analysts also said succession had "been an overhang on the shares recently."