Walt Disney Stock News

The company's long-term forecast buoys hopes that streaming can make strong profits while theme parks show resilience.

The Walt Disney Company (NYSE:DIS ) Q4 2024 Earnings Conference Call November 14, 2024 8:30 AM ET Company Participants Carlos Gomez - Executive Vice President and Head of Investor Relations Robert Iger - Chief Executive Officer Hugh Johnston - Senior Executive Vice President and Chief Financial Officer Conference Call Participants Benjamin Swinburne - Morgan Stanley Jessica Reif Ehrlich - Bank ...

The media stock is soaring after a blowout quarterly report.

"We've emerged from a period of considerable challenges and disruption," Iger told investors. "We're well positioned for growth.

Last week, Warner Bros Discovery said it was excited about doing deals during Trump's second term. Disney's Bob Iger is taking a different tack: He says the company has bought everything it needs.

Walt Disney stock is higher Thursday after the entertainment giant beat earnings expectations and issued a strong outlook. Here's what Wall Street is saying.

Investors generally tend to think, at least subconsciously, that large, well-established companies — household names, to be more precise, don't go through rough periods. There's simply something surreal about the thought of, say, Coca-Cola (NYSE: KO) or Walmart (NYSE: WMT) struggling.

Disney CFO Hugh Johnston told CNBC Thursday the company doesn't plan to change its TV network portfolio anytime soon. The comments come more than a year after CEO Bob Iger opened the door to selling Disney's linear TV assets, and weeks after Comcast said it was considering the separation of its cable networks.