4 Silver Linings in Disney's Mixed Financial Results
The fiscal second quarter was rough for Disney (NYSE: DIS). Revenue rose sharply as a result of the Fox entertainment assets that it didn't own through most of the prior year's quarter. Earnings, operating income, and all of the media giant's profitability measures fell sharply for the period.
Disney shares initially moved lower following Thursday's report, a combination of weaker-than-expected earnings and Disney+ subscriber numbers. However, there was still a lot to like within the report. Let's get into a few of the silver linings.
Image source: Disney.
Source Fool.com