Disney Targets $1 Billion in Streaming Profit in Fiscal 2025 [Yahoo! Finance Canada]
Walt Disney Company (The) (DIS)
Last walt disney company (the) earnings: 2/4 04:05 pm
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Source: Yahoo! Finance Canada
Most Read from Bloomberg With the exception of NBCUniversal, the biggest legacy media companies all reported a profit from their direct-to-consumer businesses last quarter, led by Walt Disney Co., which earned $321 million from its online video arm in the final months of its fiscal year. It was the second straight quarter of profitability for the unit that includes Disney+, Hulu and ESPN+. The profit at Disney's direct-to-consumer division even exceeded the earnings from its film division, which scored $3 billion in global ticket sales this summer from the blockbusters Inside Out 2 and Deadpool & Wolverine. In the past 12 months, Disney's revenue from streaming has surpassed the combined sales from theatrical films and conventional TV. “Disney is all in on streaming, positioned for a digital future that mitigates traditional TV woes,” Bloomberg Intelligence analyst Geetha Ranganathan said Thursday in a note. “Though this was costly — $2.5 billion in fiscal 2023 losses — it has
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DIS
News
- The Walt Disney Company (NYSE: DIS) had its price target raised by analysts at TD Cowen from $108.00 to $123.00. They now have a "hold" rating on the stock.MarketBeat
- The Walt Disney Company (NYSE: DIS) had its price target raised by analysts at Guggenheim from $110.00 to $130.00. They now have a "buy" rating on the stock.MarketBeat
- Disney targets $1 billion in streaming profit in fiscal 2025 [Fortune]Fortune
- How CEO Wellness Impacts Mergers And Acquisitions Outcomes [Forbes]Forbes
- The Walt Disney Company (NYSE: DIS) had its price target raised by analysts at Loop Capital from $120.00 to $125.00. They now have a "buy" rating on the stock.MarketBeat
DIS
Earnings
- 11/14/24 - Beat
DIS
Sec Filings
- 11/14/24 - Form 10-K
- 11/14/24 - Form 8-K
- 11/12/24 - Form 144
- DIS's page on the SEC website