Disney's (NYSE: DIS) stock recently rallied to its highest levels in nearly four months following its third-quarter earnings report. Its revenue rose 26% year over year to $21.5 billion, beating analysts' estimates by $490 million. Its adjusted net income rose 53% to $1.4 billion, or $1.09 per share, which also topped the consensus forecast by a dime.
Those headline numbers were strong, but is Disney's stock finally worth buying again after underperforming the S&P 500 in recent years? Let's review its growth rates, challenges, and valuations to decide.
Image source: Disney.
Source Fool.com