Disney (NYSE: DIS) hasn't yet stepped into Cinderella's glass slippers and set off for earnings and share price success. But it could be on the way. CEO Bob Iger isn't waving a magic wand -- but he has made moves to cut costs and boost growth. In fact, in the latest earnings report, Iger said the company may beat its cost savings target.
This year, Disney shares have declined about 3%. Right now, you may be wondering if this offers you an opportunity to get in on the entertainment player at a good price -- or if you should avoid Disney until it shows signs of getting some of the magic back. Let's find out.
First, let's take a look at why Disney has been in the doldrums. Yes, the company's theme parks remain the world's most visited. And Disney has made significant progress in growing another key area, its streaming services. They fall under the direct-to-consumer (DTC) umbrella.
Source Fool.com