_disney-stock-plummets-over-10-despite-strong-earnings-and-streaming-progress-what-are-analysts-saying-about-the-mixed-r.jpg "Disney Stock Plummets Over 10% Despite Strong Earnings and Streaming Progress. What Are Analysts Saying About the Mixed Results? from mai mixed Video Screenshot Preview")
GalleryPlay Video:
(Note: The default playback of the video is HD VERSION. If your browser is buffering the video slowly, please play the REGULAR MP4 VERSION or Open The Video below for better experience. Thank you!)
⏲ Duration: 0:39
👁 View: 355K times
✓ Published: 09-May-2024
👁 View: 355K times
✓ Published: 09-May-2024
Description:
Disney stock dropped over 10% despite reporting improved fiscal second-quarter earnings and guidance, as well as progress toward streaming profitability. Analysts debated the streaming profits and noted challenges like moderating theme park demand and linear network losses. Disney narrowed its streaming loss to $18 million and hit a $47 million profit when excluding ESPN+. It expects streaming profits in the fourth quarter. Mixed results and warnings of slowing park attendance concerned some analysts.
Disney stock dropped over 10% despite reporting improved fiscal second-quarter earnings and guidance, as well as progress toward streaming profitability. Analysts debated the streaming profits and noted challenges like moderating theme park demand and linear network losses. Disney narrowed its streaming loss to $18 million and hit a $47 million profit when excluding ESPN+. It expects streaming profits in the fourth quarter. Mixed results and warnings of slowing park attendance concerned some analysts.
Share with your friends:
Whatsapp | Viber | Telegram | Line | SMS
Email | Twitter | Reddit | Tumblr | Pinterest
_jordan-lee-mai-mix-23-summer-jams.webp "Coco275")
_ella-mai-dfmu-official-music-video.webp "Ella Mai")
_lego-star-wars-rebuild-the-galaxy-124-official-teaser-trailer-2024.webp "Check out the teaser trailer for LEGO Star Wars: Rebuild the Galaxy, an upcoming \")
_t-pain-9234boo39d-up9234-ella-mai-t-mix.webp "T Pain")
_jordan-lee-mai-mix-23-summer-jams.jpg)
_ella-mai-dfmu-official-music-video.jpg)
_lego-star-wars-rebuild-the-galaxy-124-official-teaser-trailer-2024.jpg)
_t-pain-9234boo39d-up9234-ella-mai-t-mix.jpg)
![[+]](/images/menu.gif){kind=small}