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Is 2022 Disney Stock's Year to Blow Up?

TheMotleyFool

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In this video, I will be talking about the state of Disney's (NYSE: DIS) business and its recent announcement that might propel the stock to new heights. You can find the video below, but here are some of the highlights:

Management said during the earnings call that programming costs will increase $800 million to $1 billion in streaming and $500 million in linear. That will result in a negative impact on operating income in the second quarter.

Disney reported Q1 earnings per share of $1.06, beating the expected $0.61 by the Street, and revenue of $21.8 billion, beating the expected $18.63 billion.

Source Fool.com

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