Disney Stock Defies Ho-Hum Earnings
Walt Disney (NYSE: DIS) is making waves. The media giant spiced up its latest financial report by announcing that it will roll out its own consumer-to-direct streaming video service by early next year, a move that dealt an initial hit to Netflix (NASDAQ: NFLX) as a popular hub of Disney content.
The fiscal third-quarter results were newsworthy, too, even as the top- and bottom-line results came in flattish. Revenue of $14.238 billion was just 0.3% lower than a year earlier, and adjusted earnings of $1.58 a share were 2% less than a year earlier.
Image source: Disney.
Source: Fool.com
Netflix Inc. Aktie
610,40 €
-0,16 %
Mehr Buy- als Sell-Zahlen bei Netflix Inc. zeigen ein leicht positives Sentiment.
Das Kursziel von 643 € für Netflix Inc. zeigt eine leichte Steigerung gegenüber dem aktuellen Kurs von 610.4 € an.
