Walt Disney Management Talks Disney+, Hulu, and More
Shares of Walt Disney (NYSE: DIS) took a hit this week, following the company's fiscal third-quarter results. The quarter, which was significantly affected by the company's recent acquisition of Twenty-First Century Fox assets, disappointed investors with revenue and earnings per share that were below analysts' consensus forecasts.
However, since Disney is in a time of transition as it integrates Fox's assets and ramps up its direct-to-consumer efforts with new streaming services, the company's financial results are only a small part of the story investors should be considering. Management discussed other important elements worth checking on, including Disney+, the company's now-wholly owned Hulu, and more, during the company's fiscal third-quarter earnings call.
Here are three key takeaways from the call worth reviewing.
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