Where Will Disney Stock Be in 1 Year?
Investors know a lot more about Walt Disney's (NYSE: DIS) near-term plans than they did a week ago. Bob Iger -- presiding over his first earnings call in three years since his return to the throne at the king of all media -- offered plenty of insight following Wednesday's fiscal first-quarter report.
He offered up timelines for when Disney will resume paying its dividend and for when investors can expect its essential but cash-draining streaming services to turn profitable. Iger has Disney's fan base as well as its shareholder base energized. A lot of good things can happen to both camps if he's able to deliver on his game plan.
Image source: Disney.
Source Fool.com
