Disney stock rose 5% in morning trading as beats earnings expectations.
Disney reported earnings for its fiscal first quarter Wednesday that beat analyst estimates on earnings per share and revenue.Disney reported better-than-expected subscription numbers for its Disney+ streaming service in the recently completed quarter, reversing a slowdown in sign-ups.
Disclaimer: Investing carries risk. This is not financial advice. The above content should not be regarded as an offer, recommendation, or solicitation on acquiring or disposing of any financial products, any associated discussions, comments, or posts by author or other users should not be considered as such either. It is solely for general information purpose only, which does not consider your own investment objectives, financial situations or needs. TTM assumes no responsibility or warranty for the accuracy and completeness of the information, investors should do their own research and may seek professional advice before investing.
Comments