The Walt Disney Company Reports Second Quarter and Six Months Earnings for Fiscal 2016

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Nomura Securities Remains Bullish on Disney (DIS) as 2Q Results Miss Expectations

May 11, 2016 10:03 AM EDT

Nomura Securities maintained a Buy rating and $115.00 price target on Walt Disney (NYSE: DIS) following the company's 2Q earnings report. Star Wars: The Force Awakens and Zootopia propelled 69% YoY growth in theatrical distribution revenue. However, revenue and operating income declined at Consumer Products and Interactive Media,... More

FBR Capital Reiterates Outperform on Disney (DIS) Following 2Q EPS Miss

May 11, 2016 8:55 AM EDT

FBR Capital reiterated an Outperform rating and $111.00 price target on Walt Disney (NYSE: DIS) following the company's 2Q earnings report. Adjusted EPS of $1.36 missed consensus by $0.03. Disney does not guide to quarters and does not steer the Street.

Analyst Barton Crockett commented,... More

Jefferies Remains Sidelined on Disney (DIS) Following Mixed 2Q

May 11, 2016 8:32 AM EDT

Jefferies maintained a Hold rating and $92.00 price target on Walt Disney (NYSE: DIS) following the company's 2Q earnings report.

Analyst John Janedis commented, "F2Q results were mixed with upside at Parks / Studio offset by weaker Media and Consumer results. With downside... More

Disney's (DIS) Q2 Results Not as Bad as it Looks, Says Deutsche Bank

May 11, 2016 8:19 AM EDT

Deutsche Bank maintained an Hold rating on Walt Disney (NYSE: DIS) with a price target of $113. Shares weakened following the release of disappointing Q2 results, but analyst Bryan Kraft doesn't think earnings were as bad as it looks.

The analyst explained, "We dont think, at this point, that the implications for the forward outlook are as... More

Disney (DIS) F2Q16: Another Reset And It's Not Over Yet - Bernstein

May 11, 2016 8:18 AM EDT

Bernstein analyst, Todd Juenger, believes that shares of Disney (NYSE: DIS) are likely to be caught in a trading range because " few entertainment companies have the durability, diversification, and raw IP-creating power and library of Disney" but estimates took another leg down and could face additional compression in the future. No change to Market Perform rating and $110 PT recognizing that there is likely to be volatility near term.

3 reasons the street won't like Disney earnings:

1) a big miss versus expectations at Consumer... More

Disney (DIS) Weakness Wasn't ESPN, Several Reasons To Be Bullish - Piper Jaffray

May 11, 2016 7:17 AM EDT

Piper Jaffray analyst, Stan Meyers, kept his Overweight rating on Disney (NYSE: DIS) as outperformance at the studio was offset by underperformance at A&E, the shutdown of Infinity, and the negative currency impact. No change to the $120 PT.

Revenues and operating... More

Disney (DIS) Misses Q2 EPS by 4c, Sale Miss

May 10, 2016 4:18 PM EDT

(Updated - May 10, 2016 4:19 PM EDT)

(Update corrects revenue)

Disney (NYSE: DIS) reported Q2 EPS of $1.36, $0.04 worse than the analyst estimate of $1.40. Revenue for the quarter came in at $13.0 billion versus the consensus estimate of $13.19 billion.

"We're very pleased with our... More