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Stock impact report

Disney hikes dividend and doubles buyback as parks and streaming drive profit beat [Globe and Mail, The (Toronto, Canada)]

Charter Communications, Inc. - Class A (CHTR) 
Last charter communications, inc. - class a earnings: 5/1 07:00 am Check Earnings Report
US:NASDAQ Investor Relations: ir.charter.com
Richard Drew/The Associated Press Disney posted an adjusted earnings per share of US$1.11 for its fourth quarter ending in September, a 3-per-cent decline from a year earlier but 6 US cents above an average LSEG estimate. Earnings at its streaming business surged 39 per cent to US$352 million. Disney said it added 12.5 million subscribers to Disney+ and Hulu during the quarter, reaching a total of 196 million. Still, shares of the company fell nearly 3 per cent in premarket trading as overall revenue missed estimates, weighed down by the continued slide in the cable TV business. There was a problem loading data for this chart Please reload your browser and try again A new distribution deal with cable and broadband provider Charter Communications helped draw new streaming customers, Chief Financial Officer Hugh Johnston told Reuters. Box office smash Lilo & Stitch debuted on Disney+ during the quarter and racked up 14.3 million views in its first five days, he said. Dis Show less Read more
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