Walt Disney Co. (DIS, Financials), the entertainment and media company, reported fiscal third-quarter adjusted earnings above Wall Street expectations as stronger streaming and theme park results lifted profit.Adjusted earnings rose to $2.06 per share, topping the $1.85 analyst estimate. Revenue in…
Quarterly revenue rose 7% to $25.2B, led by Experiences and Entertainment, but net income dropped 50% to $2.6B due to the absence of a prior-year tax benefit and an $812M impairment charge. Segment growth was offset by higher costs and restructuring, while major acquisitions and asset sales reshape…
Fiscal Q3 saw 7% revenue growth and 21% higher segment operating income, led by Experiences and Entertainment, while Sports faced higher costs. Adjusted EPS rose 28%, and at least $9 billion in share repurchases are planned for fiscal 2026.Original document: Walt Disney Company (The) [DIS] SEC 8-K…
Global entertainment and media company Disney NYSE:DIS will be reporting earnings this Wednesday before market open. Here’s what investors should know.Disney beat analysts’ revenue expectations last quarter, reporting revenues of $25.17 billion, up 6.5% year on year. It was a satisfactory quarter f…
Shares of Walt Disney Co. (DIS) are headed for a third consecutive month in the red, if losses hold in the final trading session of July.The stock is down about 0.1% in July, after posting declines in May and June.Meanwhile, Wall Street analysts are slashing targets on the company ahead of its thir…
Nexstar Media Group NASDAQ:NXST, a U.S. broadcast station owner, rose 8.8% on Tuesday after Federal Communications Commission Chairman Brendan Carr confirmed that the agency will vote on Aug. 6 to eliminate the nationwide television audience cap. The current rule limits a single broadcaster to reac…
Paramount Skydance Corp. NASDAQ:PSKY, one of the largest U.S. film studios, is facing a major legal challenge to its proposed $110 billion acquisition of Warner Bros. Discovery Inc. NASDAQ:WBD, a film and cable-television programming company. A coalition of 12 states led by California Attorney Gene…
Paramount Skydance Corp. NASDAQ:PSKY, a Hollywood film, television and streaming company, is facing a major legal challenge to its proposed $110 billion acquisition of Warner Bros. Discovery Inc. NASDAQ:WBD, a media company with film studios, cable channels and the HBO Max streaming service. Califo…
Walt Disney NYSE:DIS shares could rise roughly 40% if the company exits streaming entirely and pivots to licensing its IP library, Wells Fargo analyst teven Cahall argues. The firm maintained an Overweight rating but lowered its price target to $125 from $146. Cahall said streaming has been bad for…
Wells Fargo Securities analysts have suggested that Walt Disney Co. NYSE:DIS, an entertainment company with animated films, Pixar movies, and the Marvel and Star Wars franchises, could potentially reverse its prolonged stock-market slump by exiting the streaming-video business. Analyst Steven Cahal…
Shares of Walt Disney Co. (DIS) rose nearly 2% early on Monday even as Wells Fargo said the entertainment giant should consider exiting the streaming business and refocusing on producing rather than distributing content.The investment firm said such a strategic shift could boost Disney’s stock by a…
(11:16 GMT) Disney Price Target Maintained With a $126.00/Share by Rosenblatt
(14:03 GMT) Disney Price Target Cut to $111.00/Share From $119.00 by Raymond James
Shares of Walt Disney Co. edged up about 0.15% in early premarket trading on Wednesday after the company reportedly expanded a content deal with Malaysia's satellite television provider, Astro, and after JPMorgan raised its price target on the media giant.Disney’s Deal DetailsAccording to a report…
Comcast NASDAQ:CMCSA is preparing to spin off NBCUniversal and Sky into a separate independently traded company, giving investors a cleaner view of the media assets behind Saturday Night Live, The Office, Jurassic Park, Peacock, Telemundo, sports rights and Universal theme parks. The move separates…
(15:48 GMT) Disney Price Target Raised to $140.00/Share From $139.00 by JP Morgan
By Jennifer SabaThirteen years after the fictional Kabletown came to an end, its real-world model is doing the same. Comcast NASDAQ:CMCSA, whose NBCUniversal aired the self-parodying sit-com “30 Rock” until its seven-season run finished in 2013, has decided to split its broadcasting and streaming…
Former Walt Disney Co. NYSE:DIS CEO Bob Iger and Thrive Capital founder Joshua Kushner have reportedly hired investment bankers and discussed a possible bid for a majority stake in a Las Vegas NBA expansion team. The move comes after the NBA's board of governors approved the exploration of potentia…
