Company Of The Day: 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?
- Should You Buy, Sell Or Hold Disney Stock At $100?
- Streaming Headwinds An Opportunity To Buy Disney Stock?
- Forecast Of The Day: Disney’s Theatrical Revenues
- Company Of The Day: Disney
- Forecast Of The Day: Number of Guests at Disney’s U.S. Theme Parks
- 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