The Walt Disney Company (NYSE:DIS) recently shared Q2 2024 Earnings Call transcript. Despite reaching near breakeven with streaming and beating Q2 earnings estimates, shares sank 10% due to soft guidance. They reported a decrease in TV loss while boosting profit outlook but faced stock drop after mixed earnings. Disney service is akin to a 'wait and see stock' due to ongoing challenges, despite meeting adjusted EPS estimates in Q2. Despite weak areas, key features include increased stake by Apollon Wealth Management, promising institutional ownership, and positive returns on streaming. However, a reported 69% drop in income and EPS has raised concerns.
The Walt Disney Company DIS News Analytics from Mon, 06 Nov 2023 08:00:00 GMT to Thu, 09 May 2024 07:45:15 GMT -
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