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-8.80669308673792E-05 8.80669308675043E-05 -0.000440334654337271 -0.000176133861734884 -0.000440334654337271 0.000264200792602388 -0.000352267723469767 -0.000704535446939659
Stock impact report

5 Reasons to Buy Disney Stock Like There's No Tomorrow [Yahoo! Finance]

Walt Disney Company (The) (DIS) 
Last walt disney company (the) earnings: 2/4 04:05 pm Check Earnings Report
Company Research Source: Yahoo! Finance
The shares have pulled back lately, but with a 26% year-to-date gain, it's easily trouncing the market averages. It's a welcome break. The media giant's shares have lost to the S&P 500 in each of three previous years. There are some good reasons to expect the streak to turn positive this year. Let's go over some of the reasons the House of Mouse could be a smart investment right now. 1. Disney+ is no longer a negative It was a hot start to Disney+ after the late-2019 launch that helped drive the shares to an all-time high in early 2021. It's the massive losses for the premium streaming service that have weighed on the shares since then. Disney's direct-to-consumer segment -- the business that includes Disney+, Hulu, and ESPN+ -- posted a whopping $4 billion operating deficit in fiscal 2022. Its health is improving dramatically on that front. The segment's $138 million operating loss in the first fiscal quarter of 2024 is a lot better than the $984 million deficit it checked in Show less Read more
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