Check $DIS chart looks amazing and bullish. @Disney Check the 50 year chart on a uptrend. Amazing and right time to buy!
Buy in next week The company's earnings report is set to be unveiled on February 7, 2024. The company is forecasted to report an EPS of $1.01, showcasing a 2.02% upward movement from the corresponding quarter of the prior year. At the same time, our most recent consensus estimate is projecting a revenue of $23.54 billion, reflecting a 0.11% rise from the equivalent quarter last year. ADVERTISEMENT For the entire fiscal year, the Zacks Consensus Estimates are projecting earnings of $4.38 per share and a revenue of $91.99 billion, representing changes of +16.49% and +4.76%, respectively, from the prior year.
Reuters) - Activist investor Nelson Peltz believes Walt Disney can achieve profitability in streaming by bundling its ESPN+ online service with a larger player interested in sports, such as Netflix, Bloomberg News reported on Tuesday, citing people familiar with the matter.
Yes looks like loading up time before this breakout over this high at 96. Earnings Wednesday after bell. Looks good!
Yes $DIS looks like it will breakout good today Bullish. Broke top trend line but will break today fully. @Disney
Disney $DIS @Disney looks good accumulating then breaking out earnings after bell Wednesday. Supposed to beat.
Disney made 'huge strides' in streaming profitability: Analyst Julie Hyman and Josh Lipton Wed, February 7, 2024 at 4:02 PM CST In this article: DIS -0.15% Disney (DIS) reported its first-quarter earnings on Wednesday, with adjusted earnings per share of $1.22 beating expectations of $0.99, but revenue missed estimates with $23.55 billion versus an expected $23.8 billion. With so many different investments announced, from Fortnite to a new sports app, as well as dealing with a board seat battle, questions around Disney's future performance come into question. Bloomberg Intelligence Senior Media Analyst Geetha Ranganathan joins Yahoo Finance to discuss the mixed quarterly earnings from Disney and how the company is juggling the many challenges it faces. In terms of whether or not these earnings will satisfy activist investors, Ranganathan says: "Twenty percent EPS growth, where do you get that in old media right now? If this doesn't satisfy Nelson Peltz, I don't know what will. Bob Iger has obviously done everything that he can. Yes, he does have more things to do in terms of reinvigorating the content pipeline, the movies haven't been doing very well, but he is absolutely working when it comes to articulating a new ESPN strategy. We obviously saw that with the new sports bundle. We're seeing some tangible results when it comes to streaming profitability." For more expert insight and the latest market action, click here to watch this full episode of Yahoo Finance Live. Editor's note: This article was written by Nicholas Jacobino Video Transcript JULIE HYMAN: Let's bring in Geetha Ranganathan, Bloomberg Intelligence senior media analyst. Great to see you, Geetha. So as we look at all of these headlines coming from Disney, I would first ask what to you is most significant for shareholders? ADVERTISEMENT GEETHA RANGANATHAN: Hey, Julie. Thanks for having me. I think the first thing is really the cost-cutting measures, whether those are having the intended effect and it definitely looks like they are. And I think the most important metric in terms of driving future profitability for Disney is really the streaming numbers. And we know that they've been losing a lot of money on their streaming businesses. They lost about $2.5 billion last year. Before that, they lost about $4 billion. But the whole idea has been to kind of really moderate those losses and we saw some really big improvement there. So just in the same year ago period, they had lost close to almost $1 billion on their streaming business. This quarter, the quarter that they just reported, it was $138 million
I sold my @Disney $DIS stock yesterday for a amazing profit. Will prob keep going up. Good luck my next pick next week!
