Walt Disney (DIS) Q3 Earnings and Revenues Surpass Estimates
Walt Disney (DIS) came out with quarterly earnings of $1.39 per share, beating the Zacks Consensus Estimate of $1.20 per share. This compares to earnings of $1.03 per share a year ago.
Disney's theme parks are struggling, and it's another warning sign for the economy
Disney reported weaker-than-expected results for its theme parks division in its latest earnings. It blamed the drop on weakening consumer demand, which it said was likely to continue.
Markets Looking To String Together Consecutive Winning Days
Stocks Move 1% Or More For 5th Day In A Row
Disney shares set to fall despite earnings beat
Walt Disney Co (NYSE:DIS) shares are expected to open lower despite revenues and earnings rising more than forecast in the past quarter, helped by Inside Out 2 (pictured) becoming the highest-grossing animated cinema release of all time. Revenues from Disney World and Disney Land parks in the US decreased in what was the group's fiscal third quarter, with overall sales from its Experiences division hit by “moderation of consumer demand towards the end of Q3 that exceeded our previous expectations”.
No Surprise, Disney & NBCUniversal Disagree On Hulu Valuation With $5 Billion In The Balance
Disney and NBC Universal are locked in a dispute about how much the former must pay the latter for absorbing the rest of Hulu. Disney has already paid Comcast's NBCU a previously agreed upon floor of $8.6 billion and both sides had their own bankers calculating how much more if any was owed.
Disney makes a profit in streaming, but parks business feels spending pressure
Walt Disney Co. turned a surprise profit in its combined streaming business, but its stock was moving lower in Wednesday's premarket trading as the company signaled that consumer spending pressure is impacting the parks business.
Disney Parks Struggle, Exposing New Trouble Spot
Companywide profit increased, the result of hit movies and streaming growth. But Disney said softening theme park demand “could impact the next few quarters.
Disney's Q3 Earnings Report Reveals $65M “Legal Ruling” Charge
This morning's third quarter earnings report revealed that Disney's combined streaming services are finally turning a profit but the Mouse House's legal costs are still pretty pricey too. Specifically, $65 million pricey.
Walt Disney earnings beat market estimates; profit slips at parks
Walt Disney reported on Wednesday quarterly earnings that exceeded Wall Street expectations, buoyed by the success of animated Pixar film "Inside Out 2", which helped overcome a profit decline at theme parks.
Ka-ching! Disney Turns Streaming Profit For First Time And Ahead Of Schedule
Disney beat its own timeframe to reach streaming profits in an upbeat June quarter that also saw a big contribution from Inside Out 2.
Disney Posts First-Ever Streaming Profit, Warns of Pressure on Theme-Parks Business
Disney's DIS 2.49%increase; green up pointing triangle streaming and movie businesses shifted into high gear last quarter, picking up the slack from the theme-parks unit, which has begun to show signs of strain.
Disney+ set for latest series of price hikes
Walt Disney Co (NYSE:DIS, ETR:WDP) is set to raise prices across its streaming services over the coming months just one year after previously doing so. Prices across Disney+, Hulu and ESPN are all set to increase in the US under the move, which will come into play ahead of the winter months from October 17.
