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One of the best Dow Jones stock of 2024 is $Disney (DIS.US)$ , it has gone up 25% for the year-to-date. Walt Disney is expected to report its fiscal second-quarter results before the market open on Tuesday (07 May 2024).
Market is expecting Walt Disney to report earnings of $1.10 per share, up 18.3% year-over-year (YoY), on revenue of $22.1 billion (+1.4% YoY).
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What investors would be looking for in this upcoming e...
Market is expecting Walt Disney to report earnings of $1.10 per share, up 18.3% year-over-year (YoY), on revenue of $22.1 billion (+1.4% YoY).
Password-sharing crackdown
What investors would be looking for in this upcoming e...
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$Disney (DIS.US)$
Disney $Disney (DIS.US)$ , one of the worst performers in Dow Jones $Dow Jones Industrial Average (.DJI.US)$, which was the best performing index in U.S. in 2022, just released its Q1 2023 earnings. As someone who has followed the company for a few years, I would say this earnings call was probably one of the most direct and concise ones. Bob Iger laid out a plan to turn Disney around and it's a huge one. Let's dive in!
First...
Disney $Disney (DIS.US)$ , one of the worst performers in Dow Jones $Dow Jones Industrial Average (.DJI.US)$, which was the best performing index in U.S. in 2022, just released its Q1 2023 earnings. As someone who has followed the company for a few years, I would say this earnings call was probably one of the most direct and concise ones. Bob Iger laid out a plan to turn Disney around and it's a huge one. Let's dive in!
First...
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✅ Revenue +8% Y/Y to $23.5B
($0.2B beat).
✅ Non-GAAP EPS $0.99
($0.20 beat).
❌Media not profitable:
Can't imagine Disney produce so many good movies... but can't make a profit from them 😂
❌Jobs & Budget cuts:
- Firing 7,000 employees & slashing $5.5B in cost.
- Catch-22 here: they need to trim expenses. But at the same time, they can't grow if they are trimming.
❌ Dividends:
Reintroducing dividends when the business segments & cash flow are not stabilized yet seems puz...
($0.2B beat).
✅ Non-GAAP EPS $0.99
($0.20 beat).
❌Media not profitable:
Can't imagine Disney produce so many good movies... but can't make a profit from them 😂
❌Jobs & Budget cuts:
- Firing 7,000 employees & slashing $5.5B in cost.
- Catch-22 here: they need to trim expenses. But at the same time, they can't grow if they are trimming.
❌ Dividends:
Reintroducing dividends when the business segments & cash flow are not stabilized yet seems puz...
1
Disney (DIS) $Disney (DIS.US)$ released their Q1’FY23 earnings and they managed to beat the EPS forecast by a huge margin of 25% (EPS of $0.99 versus estimated $0.79). They also managed to beat the revenue estimates by a small margin (Revenue of $23.51 bil vs $23.43 bil).
Bob Iger, CEO of Disney also announced a restructuring plan which includes laying off 7,000 employees and amassing $5.5 bil in cost savings, of which $3.0 bil wil...
Bob Iger, CEO of Disney also announced a restructuring plan which includes laying off 7,000 employees and amassing $5.5 bil in cost savings, of which $3.0 bil wil...
Entertainment giant $Disney (DIS.US)$ released its much anticipated Q1'23 results. Share prices popped after the market results.
So are their latest results really that fantastic? What made investors so excited?
Clear emphasis on the way forward
Disney's strategy is clearly highlighted within the first few pages of its earnings presentation.
1. Reorganizing leadership structure: Disney was plagued by a management mutiny during Bob Chapek's era. Now with...
So are their latest results really that fantastic? What made investors so excited?
Clear emphasis on the way forward
Disney's strategy is clearly highlighted within the first few pages of its earnings presentation.
1. Reorganizing leadership structure: Disney was plagued by a management mutiny during Bob Chapek's era. Now with...
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Disney $Disney (DIS.US)$ recently released its quarterly earnings, which were generally positive. Despite a decline in the number of Disney+ subscribers, the direct-to-consumer business reported a narrower loss of $1.05 billion compared to the analyst estimate of $1.22 billion. The company's total earnings rose to $1.28 billion with an 8% increase in revenue to $23.51 billion.
To inc...
To inc...
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