Is Disney's Dip After Q4 Earnings a Buying Opportunity?
The Walt Disney Company (NYSE: DIS) reported fourth-quarter earnings on Nov. 10 that disappointed investors. The market was hoping for Disney to report better results for its streaming segment. The silver lining for Disney since the pandemic onset has been the rapid growth of its streaming services.
However, as economies are reopening, the growth of those services is slowing down. Still, other parts of Disney's business are recovering and are poised to start bringing in billions in profits. Let's look closer at Disney's fourth-quarter results and determine if the sell-off is a buying opportunity for long-term investors.
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Source Fool.com
