Disney's robust Q4 report signals a return to growth, with streaming profits hitting $253 million and movie ticket sales surpassing $4 billion. Management remains cautious, noting that growth has just begun and setbacks are possible. The Direct-to-Consumer segment's operating income significantly boosted free cash flow when compared to the historically large losses.
The Walt Disney Company NYSE: DIS needs little introduction. From its iconic animated films and beloved theme parks to its expansive television networks and quickly evolving streaming platforms, Disney holds a unique place in the global entertainment sector.
Bob Iger, who is in the home stretch of his two-chapter run as CEO of the Walt Disney Co., is selling $42.7 million in stock. The move, disclosed in an SEC filing, makes good on a plan detailed by the company earlier this month for Iger to exercise an option to sell shares.
It's that magical time of year when you still have time to catch up on retirement contributions for 2024 and get yourself ready for the year ahead.
Zacks Media Conglomerates industry players like Disney (DIS), Reservoir Media (RSVR) and Paramount Global (PARA) gain from the rising demand for high-speed Internet and increased media consumption.
One of the most influential media conglomerates in the world, Disney (NYSE: DIS) hasn't exactly been on a smooth trajectory over the last couple of years.
Disney (DIS) shares have started gaining and might continue moving higher in the near term, as indicated by solid earnings estimate revisions.
When deciding whether to buy, sell, or hold a stock, investors often rely on analyst recommendations. Media reports about rating changes by these brokerage-firm-employed (or sell-side) analysts often influence a stock's price, but are they really important?
Disney Shares Jump on Strong Outlook. Is This a Great Opportunity to Buy the Stock?
The Disney Treasure will make its maiden voyage from Port Canaveral, Florida, to the Caribbean in December, becoming the sixth ship in the company's cruise line. Disney's fleet will double by 2031, with two ships arriving in 2025, followed by four additional Disney-branded vessels and a partnership with Oriental Land Company to bring Disney's cruise vacations to Japan.
DIS' Q4 earnings top, but mixed parks results & streaming subscriber outlook warrant caution. Despite solid growth, new investors may await better entry amid near-term headwinds.
Did you know Disney has the potential to be bigger than Netflix in streaming?