Disney Earnings

Results Top Expectations, Streaming Profit Goal In Sight

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[ Disney topped Wall Street forecasts for its fiscal second quarter and inched closer to the long-awaited milestone of streaming profitability. Revenue for the quarter ended March 30 increased to $22.1 billion from $21.8 billion in the year-earlier period. Excluding items, diluted earnings per share for the quarter increased to $1.21 from 93 cents. Analysts … Read more

Disney Plugs Latest Earnings In Letter To Shareholders

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[ Disney touted its latest financials, a dividend hike and projects around sports, Fortnite and Taylor Swift as it urged stockholders to elect its board candidates at the upcoming annual meeting — not directors nominated by activist investors that it says will gum up the works as management  “successfully executes a strategic transformation of the … Read more