Disney Shares Jump on Strong Outlook. Is This a Great Opportunity to Buy the Stock? [Yahoo! Finance]
Netflix, Inc. (NFLX)
Last netflix, inc. earnings: 4/21 04:00 pm
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Source: Yahoo! Finance
reported strong streaming growth and issued upbeat guidance. After a tough stretch for the past few years, Disney stock has rebounded in 2024 and is now up nearly 24% for the year as of this writing. Let's take a close look at the company's fiscal fourth-quarter results and see if now is a good opportunity to buy the stock. Start Your Mornings Smarter! Wake up with Breakfast news in your inbox every market day. Sign Up For Free » One of Disney's most-watched business segments right now is its streaming services (a division of the Entertainment segment), which consist of Disney+ and Hulu. Disney's linear TV networks have been in decline, so streaming has been taking on a more important role. For its streaming services, Disney focuses more on profitability these days, and on that front, the company was successful, flipping to a positive operating income of $321 million for the quarter (which ended Sept. 28). Q4 marked a turning point for the streaming business as it generated a
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- Disney stock soared to a six-month high, looks to own the box office again [USA TODAY]USA TODAY
- Does Netflix's Push Into Live Steaming Justify Buying the Stock Now? [Yahoo! Finance]Yahoo! Finance
- What to know about Denzel Washington's family, including his actor kids [Business Insider]Business Insider
- The Tablo Lets You Watch Live TV For One Price — and It's 30% Off Right Now [CNET News]CNET News
- Warner Music Posts 8% Growth in Streaming Revenue for Fiscal Year in Solid Earnings Report [Yahoo! Finance]Yahoo! Finance
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