Microsoft strongly encourages users to switch to a different browser than Internet Explorer as it no longer meets modern web and security standards. Therefore we cannot guarantee that our site fully works in Internet Explorer. You can use Chrome or Firefox instead.

Is Disney Stock Still a Buy After Missing Subscriber Estimates?

TheMotleyFool

0 0

Is Disney Stock Still a Buy After Missing Subscriber Estimates?

Walt Disney (NYSE: DIS) ended the fiscal second quarter with 103.6 million subscribers on its Disney+ streaming service. While that's more than double the total reported in the year-ago quarter, analysts expected Disney+ to finish the quarter with 109 million subscribers.

The stock initially sold off sharply after the earnings report and is currently down 4.3% year to date. Investors are probably wondering if the House of Mouse is still a good investment.

Here are four important points from the earnings call that suggest Disney is doing fine and could make the sell-off a good buying opportunity.

Source Fool.com

Like: 0

DIS

Share