The Walt Disney Company Reports Third Quarter and Nine Months Earnings for Fiscal 2015

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Jefferies Downgrades Walt Disney (DIS) to Hold

August 5, 2015 6:57 AM EDT

Jefferies downgraded Walt Disney (NYSE: DIS) from Buy to Hold with a price target of $112.00 (from $125.00).

Analyst John Janedis commented, "While downgrading the stock post earnings is reactionary, following the outlook for cable segment growth, our reduction in earnings, and our prior... More

BMO Capital Downgrades Walt Disney (DIS) to Market Perform

August 5, 2015 6:35 AM EDT

BMO Capital downgraded Walt Disney (NYSE: DIS) from Outperform to Market Perform with a price target of $110.00 (from $125.00).

Analyst Dan Salmon commented, "Slightly negative. In addition to lower estimates, what changed last night was a more cautious tone, specifically: 1) we have recommended Disney since initiation in large part because of its leadership in technology; this view does not change; however, after CEO Iger raised... More

Disney (DIS) Tops Q3 EPS by 3c

August 4, 2015 4:16 PM EDT

(Updated: 6:00PM ET)

Disney (NYSE: DIS) reported Q3 EPS of $1.45, $0.03 better than the analyst estimate of $1.42. Revenue for the quarter came in at $13.1 billion versus the consensus estimate of $13.23 billion.

"Were very pleased with our performance in the third quarter, with record net income and diluted earnings per share of $1.45, up 13% from the prior year, said Robert A. Iger, Chairman and Chief Executive Officer, The Walt Disney... More