Disney needs a comeback year. Will it get it? | CNN Business

Jan 3, 2022 · The company’s stock dropped almost 15%, making it the worst performer in the Dow. Wall Street is hopeful that Disney (DIS) is set for a turnaround year. Bank of America has selected it as one of ...

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Disney Needs A Comeback Year. Will It Get It? | CNN Business

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Disney Is In Trouble. Bob Iger Has 5 Big Problems To Solve

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Nov 9, 2023 · Disney’s plan to transition its business to a new age of streaming has had uneven results. In October, Disney hiked the price of its ad-free Disney+ subscription to $13.99 per …

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Disney Regains Some Magic On Wall Street With ... - CNN …

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Feb 9, 2022 · The company’s parks division had a stellar quarter, with revenues of $7.2 billion, more than double the revenues of the same quarter a year ago. This is a big comeback for …

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Disney Stock Surges As Rare 3-year Forecast Sees Strong Profit …

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2 days ago · Disney stock shot up 8% on Thursday after the entertainment giant reported earnings that beat estimates and surprised investors with guidance that gave a strong outlook …

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Disney’s Streaming Business Is Finally Finding Its Footing

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2 days ago · Disney’s streaming business was profitable for the second time in a row, with profit soaring to $321 million in Q4 2024, up from $47 million last quarter. ... For years, Netflix was …

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Netflix Got Slammed By Wall Street. Is Disney Next? - CNN

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Feb 9, 2022 · Disney is coming off an earnings report in November that showed its streaming growth had slowed in the fourth quarter. That sent Disney’s stock down as much as 8.5% on …

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Is Disney finally on the path to success again?

Disney has had a rough time even after CEO Bob Iger returned from a brief retirement. But the media veteran said on Wednesday that Disney is finally on the path toward success again. The company surprised investors by announcing it would grow earnings per share by a whopping 20% this year, easily beating Wall Street analysts’ estimates. ...

Does Disney still have problems?

Disney continues to have big problems, the largest being the atrophying traditional television business. Operating profit at Disney’s entertainment networks, including ABC, FX, National Geographic and the Disney Channel, plunged 38 percent in the most recent quarter compared with a year earlier, the company said in its earnings report on Thursday. ...

Is it bad news for Disney?

It may not be all bad news for Disney, though. Last quarter, the company’s parks division was a highlight, with revenue jumping 13% to $8.3 billion. Disney said most of its growth was fueled by international parks like Shanghai Disney Resort and Hong Kong Disneyland Resort. ...

Did Disney's earnings report compare to two years ago?

Disney's earnings report and presentation were littered with comparisons to two years ago, which seems deliberate — if subtle. That's when Iger returned to Disney to take over for Bob Chapek, whose brief helm at the Mouse House will live in infamy for lackluster financial performance. ...

Did Disney have a good start to the fiscal year?

Bob Chapek, Disney’s CEO, said in the company’s letter to investors Wednesday that the company had “a very strong start to the fiscal year” and noted the success of its streaming efforts and “record revenue and operating income at our domestic parks and resorts.” ...

Will Disney+ turn a profit?

Disney has never turned a profit in the division since launching Disney+ in 2019, though the company estimates that its streaming business will exit the red by the end of this year. Activist investors started pressuring the company to change in recent quarters. The company is trying several things to try to get streaming to turn a profit. ...