Despite ESPN Headwinds, Walt Disney's (DIS) Q1 Delivers; Has Good News for Star Wars Buffs
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Walt Disney (DIS) Partnership w/ Netlix (NFLX) Puts DVD Sales in Jeopardy
February 6, 2013 11:16 AM ESTWalt Disney (NYSE: DIS) stock opened higher on Wednesday following the release of the company's better than expected Q1 earnings report. Despite positive results, analysts at Janney Capital were unimpressed and think the stock will enter a consolidation phase.
"We believe the recent deceleration in advertising combined with the reinvestment of... More
Nomura Raises Numbers on Walt Disney (DIS) Following Solid Q1
February 6, 2013 8:50 AM ESTNomura Securities raised estimates and its price target on Walt Disney (NYSE: DIS) from $59 to $62 following Q1 results.
Analyst Michael Nathanson comments, "Let the affiliate fees roll. Disney posted adjusted F1Q EPS of $0.79, $0.05 above our below-consensus estimate of $0.74. The quarter benefited... More
