DIS
📈 Disney’s stock jumped 6% after reporting quarterly earnings and revenue that surpassed analyst expectations, with EPS at $1.45 versus an estimated $1.20.
💰 The company reported strong financials, including revenue of $23.6 billion (estimate $23.1 billion) and operating income of $4.43 billion (estimate $4.0 billion).
📊 Despite past struggles, the positive results and a current valuation of 17 times future earnings suggest a potential turnaround for the entertainment giant.
@bernardodegarcia:
“We have, as we are observing, Disney, which seems to be increasing its guidance, jumping 6% right now. Disney was trading at 17 times future earnings—quite interesting, but well. Phew, it hasn’t gone anywhere. Disney is a bit complicated. Ugh, where was it trading? I haven’t looked at it in a long time. Terrible suffering for Disney. Ah, I’m looking forward to taking a look at its quarterly results, especially to see where Disney Plus is, eh, right now. There we have Disney’s quarterly results: earnings per share $1.45 (estimated $1.20); revenue $23.6 billion (estimated $23.1 billion); operating income $4.43 billion (estimated $4.0 billion); free cash flow $4.9 billion; and income before tax (IBT) around $3.0 billion.”
Watch the exact part of the video where Bernardo talks about Disney here:
Watch the video on YouTube
Read more articles by the world’s top 100 analysts on The Walt Disney Company (DIS) at the following link. DIS stock.
