Hugh Johnston, Disney CFO, joins CNBC's 'Squawk Box' to discuss the company's most recent earnings report.
Just a year ago, Disney CEO Bob Iger was in the midst of an ongoing apology tour for the studio after string of tepid box office returns.
“Inside Out 2” and “Deadpool & Wolverine” were big winners for Disney in the latest quarter.
Shares of The Walt Disney Company (DIS) rose in premarket trading Thursday as revenue and adjusted profit topped analysts' estimates.
Reliance and Disney have completed their landmark Indian media merger, creating an $8.5 billion entertainment behemoth that will dominate the country's streaming and television markets.
Walt Disney reported earnings that topped Wall Street's estimates on Thursday, propelled by blockbuster ticket sales from the rude and irreverent summer Marvel film "Deadpool & Wolverine," and provided an upbeat forecast for the coming year.
Disney will report its fiscal fourth-quarter earnings before the bell Thursday. Analysts polled by LSEG expect earnings per share of $1.10 and revenue of $22.45 billion.
Disney (DIS) is a stock Wall Street will be watching closely this week with the media conglomerate set to release results for its fiscal fourth quarter on Thursday, November 14.
Disney is counting on incoming board chairman James Gorman to deliver an ironclad system to identify the best possible successor for CEO Bob Iger. Given Gorman's track record, some board members are hoping he'll lead the company to name a successor sooner than the early-2026 deadline that it's announced, people familiar with the matter tell CNBC.
In trading on Wednesday, shares of Walt Disney crossed above their 200 day moving average of $101.31, changing hands as high as $103.20 per share. Walt Disney shares are currently trading up about 1.4% on the day.
Investors will be looking for continued growth in the entertainment giant's streaming business.
Nelson Peltz, founding partner and CEO at Trian Partners, joins CNBC's Delivering Alpha 2024 to discuss Trian's proxy battle with Disney and CEO Bob Iger, his outlook on the consumer and the economy, his vision for the next four years post-presidential election, and more.