Shares of the company rose nearly 10% in early trading as it posted adjusted earnings per share of $1.45 for the January-to-March quarter.

In an earnings quarter teeming with uncertainty around tariffs, Walt Disney's quarterly results are looking like the happiest place on earth.

Disney stock shot up more than 10% at the start of trading Wednesday, fueled by strong quarterly earnings and plans for a theme park in Abu Dhabi.