The Walt Disney Company Reports Fourth Quarter and Full Year Earnings for Fiscal 2020
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RBC Capital Upgrades Walt Disney (DIS) to Outperform
November 13, 2020 7:02 AM ESTRBC Capital analyst Kutgun Maral upgraded Walt Disney (NYSE: DIS) from Sector Perform to Outperform with a price target of $170.00 (from $124.00).
The analyst comments "Disney offers investors unique exposure to a recovery play that is supported by a combination of a compelling... More
Disney (DIS) Tops Q4 EPS by 51c; Disney+ Now Has 73.7M Paid Subs
November 12, 2020 4:07 PM ESTDisney (NYSE: DIS) reported Q4 EPS of ($0.20), $0.51 better than the analyst estimate of ($0.71). Revenue for the quarter came in at $14.71 billion versus the consensus estimate of $14.2 billion.
Even with the disruption caused by COVID-19, weve been able to effectively manage our businesses while also taking bold, deliberate steps to position our company for greater long-term growth, said Bob Chapek, Chief Executive Officer, The Walt Disney Company. The real bright spot has been our direct-to-consumer... More
