DIS Shareholders and Stock Info ONLY

[wabbott]

https://finance.yahoo.com/news/disney-earnings-131255126.html

Disney misses on Q2 earnings, but subscriber beat lifts stock in after-hours​

 

[wabbott]

• Revenue: $19.25 billion vs. $20.11 billion estimate
• Adj. earnings per share: $1.08 vs. $1.17 estimate
• Disney+ subscribers: 7.9 million vs. 4.5 million expected

 

[wabbott]

The entertainment mecca's parks, experience and consumer products business swung to an operating profit of $1.76 billion for the quarter, surpassing expectations of $1.6 billion and just below last quarter's operating profit of $2.5 billion. Revenue for the segment topped $6.7 billion, nearing its pre-pandemic total of $7.6 billion in the final quarter of 2019.

 

[OKW Lover]

DIS really moving up after hours trading

Apparently the Disney+ numbers are much better than expected.

 

[RivShore]

The street likes it - up 4% after hours.

The revenue and earnings comps might need to be adjusted, from what I just heard on CNBC.

 

[wabbott]

https://www.marketwatch.com/article...nings-streaming-51652221409?mod=mw_latestnews

Disney Stock Rises Despite Earnings Miss. Streaming Is All That Matters. ​

 

[Aluminum Falcon]

https://www.marketwatch.com/article...nings-streaming-51652221409?mod=mw_latestnews

Disney Stock Rises Despite Earnings Miss. Streaming Is All That Matters. ​

so much for the Disney+ is losing subs left and right haha

 

[BrianL]

Seems to generally be pretty good, even with the earnings miss overall. It will be interesting to see what it all means going forward.

 

[RivShore]

so much for the Disney+ is losing subs left and right haha

Not just increasing subs but increasing per sub revenue.

 

[HokieRaven5]

so much for the Disney+ is losing subs left and right haha

Curious to see if there is any sign of that for Q3 going forward since that’s more when the tensions escalated.

 

[wabbott]

IMO, the rebound in parks revenue and profits are what's toting the mail right now.

 

[Aluminum Falcon]

Curious to see if there is any sign of that for Q3 going forward since that’s more when the tensions escalated.

Doubt it, it would have been reflected if off of Netflix by now if you believed that

 

[tinkerhon]

Yep--- missed earnings, and still up 2-3% AH---- And AMC crushes earnings, and tanks the next day--- rubbish market !! LOL

 

[Aluminum Falcon]

Yep--- missed earnings, and still up 2-3% AH---- And AMC crushes earnings, and tanks the next day--- rubbish market !! LOL

Sometimes the market elevates companies based on what they think they’re going to see, so if earnings come in high and the market overreached prior to earnings, the price “corrects” it happens a lot

 

[RivShore]

The Mickey giveth and the Mickey taketh away...now down 4%

 

[tinkerhon]

Sometimes the market elevates companies based on what they think they’re going to see, so if earnings come in high and the market overreached prior to earnings, the price “corrects” it happens a lot

Yep--- seemed to correct down now--- really hard to gauge right now, as the entire market is in a freefall

 

[tinkerhon]

The Mickey giveth and the Mickey taketh away...now down 4%

Wow--- that was fast !

 

[RivShore]

Seems to be due to expected issues with D+ rollout to eastern Europe.

 

[Aluminum Falcon]

Seems to be due to expected issues with D+ rollout to eastern Europe.

How was that not already factored in

 

[RivShore]

Wow--- that was fast !

This market does everything turbo fast lately - the ride up has been much faster than historical and of course the ride down will be even faster.