|
|
|
|
|
06.08.25 - 16:36
|
Disney Profit Beat Overshadowed by TV Weakness (Bloomberg)
|
|
Peter Supino, Wolfe Research Analyst, tells Open Interest that Disney shares may be dropping from investors reacting to the company no longer reporting subscriber results for its streaming platform. (Source: Bloomberg)...
|
|
|
06.08.25 - 16:01
|
Disney Earnings: Pay TV Weakness Overshadows Strength In Parks & Streaming (ZeroHedge)
|
|
Disney Earnings: Pay TV Weakness Overshadows Strength In Parks & Streaming
Disney shares are trading lower in premarket following Q3 results that were broadly in line but revealed underlying softness. The company raised full-year adjusted EPS guidance to $5.85 (from $5.75), ahead of the Bloomberg Consensus $5.77 estimate. While adjusted EPS of $1.61 beat consensus ($1.46), investor sentiment was dampened by continued deterioration in the conventional entertainment TV segment, which posted a sharp year-over-year decline. The theme here is that this segment-level weakness overshadowed strength in parks and streaming.
Data compiled by Bloomberg shows Disney's revenue rose 2.1% year-over-year to $23.68 billion in the quarter ended June 28, in line with consensus estimates. Adjusted earnings came in at $1.61 per share, topping the Bloomberg Consensus estimate of $1.46.
Overshadowing Disney's strong performance in its theme parks and streaming businesses was a sharp decline in conventiona...
|
|
|
|
|
06.08.25 - 15:25
|
Disney Beats Profit Estimates on Streaming, Parks (Bloomberg)
|
|
Walt Disney Co. saw better-than-expected third-quarter earnings on the strength of continued growth at its parks and streaming business, while income from conventional entertainment TV fell 28% and the Disney film studio suffered a loss. Richard Greenfield partner and analyst: media & technology at Lightshed Partners examines the results....
|
|
|
|
|
|
|
|
|
|
|