share_log

Disney Reports ESPN Financials, Analysts Say The Results Are 'Intriguing,' Better Than Expected: What It Means For The Future

Benzinga ·  Oct 19, 2023 18:19

Media giantWalt Disney Co(NYSE:DIS) has had a rough 2023 and plans to potentially sell off or repurpose assets like its ESPN brand.

The company broke out ESPN revenue and earnings from 2022 and 2023 year-to-date on Wednesday and will present the business separate from entertainment going forward.

Here's what analysts are saying about the ESPN financials and Disney looking forward.

Macquarie on Disney:The ESPN numbers were similar to what was expected, but the insight into the real numbers is "intriguing," Macquarie analyst Tim Nollen said.

Nollen, who had a Neutral rating and price target of $94 on...

Disclaimer: This content is for informational and educational purposes only and does not constitute a recommendation or endorsement of any specific investment or investment strategy. Read more
    Write a comment