The Walt Disney Company Reports First Quarter Earnings for Fiscal 2020

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Walt Disney (DIS) PT Raised to $160 at Guggenheim

February 5, 2020 7:38 AM EST

Guggenheim analyst Michael Morris raised the price target on Walt Disney (NYSE: DIS) to $160.00 (from $151.00) while maintaining a Buy rating following results.

The analyst commented, "Disney delivered F1Q20 revenue and operating profit ahead of both our and consensus estimates, with consistently solid growth... More

Disney (DIS) Tops Q1 EPS by 9c, Disney+ Subs 26.5 Million

February 4, 2020 4:06 PM EST

Disney (NYSE: DIS) reported Q1 EPS of $1.53, $0.09 better than the analyst estimate of $1.44. Revenue for the quarter came in at $20.86 billion versus the consensus estimate of $20.79 billion.

We had a strong first quarter, highlighted by the launch of Disney+, which has exceeded even our... More