The Walt Disney Company (DIS) unveiled its second-quarter earnings this morning that came in above the analyst consensus fueled by the streaming segment - however, concerns surrounding the company’s traditional business model have sent shares 10% lower so far. Revenue for the quarter came in at $22.08 billion, just shy of the $22.11 the [...]
The return of Bob Iger to the Disney throne was highly anticipated, and for the most part, well-received. DIS is up more than 22% in the past year and recent earnings reports have suggested that Iger is steering the ship in the right direction. The stock is up more than 33% through 2024. However, [...]
Walt Disney stock (DIS) is up more than 7% in Thursday morning’s trading session after the media and entertainment company reported fourth-quarter earnings that sparked hope among investors and analysts alike. The company grew revenue 5.4% year over year to $21.35 billion. This narrowly beat the analyst consensus of $21.33 billion. EPS of 82 [...]
