Walt Disney (DIS) PT Lowered to $110 at Guggenheim
FREE Breaking News Alerts from StreetInsider.com!
StreetInsider.com Top Tickers, 4/19/2024
- Nasdaq, S&P tumble as Netflix, chip stocks drag; AmEx boosts Dow
- Sony/Apollo bid for Paramount could be worth as much as $29 billion - Source
- Netflix Q1 earnings top estimates on blowout subscriber growth
- Nasdaq tumbles, Treasuries dip amid earnings, geopolitical crosscurrents
- Gold prices rally past $2,400 on reports of Israel strikes on Iran
- Tritium DCFC Limited (DCFC): Three Australian subsidiaries were determined to be insolvent or likely to become insolvent
- Hasbro (HAS) Announces Resignation of Cynthia Williams, President of Wizards of the Coast and Hasbro Gaming
- Jabil falls after placing CEO on paid leave amid internal investigation
- Frontier Communications (FYBR) says third party had gained unauthorized access to portions of its information technology environment
- Ibotta (IBTA) Prices 6.56M Share IPO at $88/sh
- Midday movers: Netflix, Super Micro fall; Paramount Global gains
- After-hours movers: Netflix, Intuitive Surgical, Nordstrom, KB Home
- Midday movers: Tesla, Blackstone, Las Vegas Sands fall; DR Horton rises
- After-hours movers: Alcoa rises; Equifax and Las Vegas Sands fall
- Midday movers: Travelers, JB Hunt fall; United Airlines rises
Walt Disney (DIS) Stock Falls 5% on Earnings Miss and Growth Commentary, Analysts Remain Positive
May 12, 2022 6:54 AM EDTWalt Disney (NYSE: DIS) reported worse-than-expected Q2 2022 earnings and revenue, sending its shares down nearly 5% in premarket trading Thursday.
Walt Disney reported adjusted EPS of $1.08, missing the consensus estimates of $1.17. Revenue came in at $19.25 billion, short of the analyst consensus of $20.11 billion.
The company generated $13.62 billion in media and entertainment distribution revenue, up 9.5% YoY and just below the expected $13.83 billion. Parks, experiences and products nabbed $6.7 billion in revenue, while analysts were looking for $6.12 billon.
DIS reported 22.3... More
