Walt Disney (DIS -1.72%) delivered a beat on both ends of the income statement on Wednesday morning. It wasn't enough to initially impress Wall Street.
Walt Disney Co. (NYSE:DIS) stock is trading at $113.79 at last check, after the company's fiscal first-quarter earnings and revenue beat expectations, but was overshadowed by concerns over its streaming business.
Venu, the planned streaming sports joint venture that's fading into history, became irrelevant as similar opportunities began to arise for ESPN to join other targeted, or so-called “skinny,” bundles.
Walt Disney Co (NYSE:DIS, ETR:WDP) beat expectations for revenue and earnings for the past quarter, but said a decline in subscribers for its Disney+ service is expected to continue in the current quarter. The film and streaming giant had 124.6 Disney+ subscribers at the end of December, down 0.7 million over the preceding three months.
Entertainment conglomerate Walt Disney (DIS -0.61%) delivered fiscal 2025 first-quarter financial results on Wednesday. Feb. 5, that beat Wall Street's consensus estimates.
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