Company Of The Day: Disney

+53.60%
Upside
97.78
Market
150
Trefis
DIS: Walt Disney logo
DIS
Walt Disney

What?

Disney (NYSE:DIS) posted a stronger than expected set of FY’Q3 2021 results, with revenue rising 44.5% to $17 billion and adjusted EPS standing at $0.80, an increase from $0.08 a year ago.

Why?

Relevant Articles
  1. Should You Buy, Sell Or Hold Disney Stock At $100?
  2. Streaming Headwinds An Opportunity To Buy Disney Stock?
  3. Forecast Of The Day: Disney’s Theatrical Revenues
  4. Company Of The Day: Disney
  5. Forecast Of The Day: Number of Guests at Disney’s U.S. Theme Parks
  6. Disney Stock Drops After 2021 Earnings – Will It Bounce Back?

Earnings were driven by a strong performance of the company’s direct-to-consumer business, which includes Disney+, and the re-opening of its theme parks business following the Covid lockdowns.

So What?

Disney stock rallied by almost 6% in after-hours trading on Thursday.

See Our Complete Analysis For Disney

What if you’re looking for a more balanced portfolio instead? Here’s a high-quality portfolio that’s beaten the market since 2016

See all Trefis Price Estimates and Download Trefis Data here

What’s behind Trefis? See How It’s Powering New Collaboration and What-Ifs For CFOs and Finance Teams | Product, R&D, and Marketing Teams