Disney Finally Has a Magical Quarter

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Disney Finally Has a Magical Quarter

Motley Fool2021-08-14

One of the more obvious post-pandemic reopening plays -- entertainment giant Walt Disney (NYSE:DIS) -- is finally starting to show signs of life. The media mogul posted better-than-expected financial ...

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AngelL
·2021-10-11
wow
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1
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- AngelL:
  [Great]
  2021-10-15
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- HeRock:
  T
  2021-10-14
  Reply
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- HeRock:
  [流泪]
  2021-10-13
  Reply
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pekss
·2021-08-15
Hope there will be more magical quarters to come. Thanks Tiger Brokers for the free share!
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6
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- Jazzc85:
  [Cool]
  2021-08-15
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moneytools
·2021-08-15
Ok..good to know
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1
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Stoinkz
·2021-08-15
Dump disney
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2
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Jossent
·2021-08-15
Good
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2
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- gl8089:
  nice
  2021-08-15
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- Stoinkz:
  
  agreed
  2021-08-15
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koolgal
·2021-08-15
Disney is built on dreams and aspirations of just one person Walt Disney! If he is watching from up above, he will be so happy with the phenomenal success of Disney today. Go Disney! ?????
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11
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- ET2021:
  yup
  2021-08-15
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- koolgal:
  Thanks. Happy Sunday ??
  2021-08-15
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- cc21:
  yup.
  2021-08-15
  Reply
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AngelL
·2021-08-14
wow
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5
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- AngelL:
  [Shy]
  2021-10-15
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- AngelL:
  [LOL]
  2021-09-18
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- AngelL:
  [Shy]
  2021-09-13
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Okie_cheong
·2021-08-14
Disney up up up!!! ???
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- Raytoh:
  [强]
  2021-08-14
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LY1970
·2021-08-14
Good news
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4
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Jjjjia
·2021-08-14
Like pls
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2
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Seowting
·2021-08-14
?
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1
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JohnL
·2021-08-14
Nice!
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3
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Alfred1007
·2021-08-14
This stock not the type that people go buy like other meme stocks.
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- JoeK:
  ok
  2021-08-14
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- JohnL:
  Agree
  2021-08-14
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SandDust
·2021-08-14
At this PE, all good news possibly reflected in share price?
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blackblack1
·2021-08-14
Rental subscribtion buz model is secure buz model
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2
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NatYong
·2021-08-14
it's starting to finally roll again.
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- Greg2021:
  magical Disney again! [开心]
  2021-08-14
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- pekss:
  Not enough steam; pre-market jumped over 5%, only to drop to 1% up at market close
  2021-08-14
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Winnie4874
·2021-08-14
Like pls
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4
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- K74:
  Done
  2021-08-14
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- gorgonzola:
  done. plse like back. thanks!
  2021-08-14
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lkt
·2021-08-14
Great
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5
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K74
·2021-08-14
Okay
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- RuniMan:
  Thanks
  2021-08-16
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Huatster
·2021-08-14
Noice
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3
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- Shindokai:
  Time To buy
  2021-08-14
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Keep in mind that Disney theme parks and cruise ships as well as all U.S. movie theaters were closed for the entirety of the fiscal third quarter a year ago. We have to go back another year to the $20.3 billion it served up in fiscal 2019 to get the more accurate snapshot, and a 16% decline over the past two years doesn't seem like a bad trade for a company with a lot of runway left in the global economic recovery process.\nDisney's adjusted earnings of $0.80 a share also blew past the $0.56 a share that Wall Street pros were forecasting. It was the beat that Disney needed, but the good news didn't stop there.\nImage source: Disney.\nIt's a great big beautiful tomorrow\nThere were two things that tripped Disney up last time out. We had the House of Mouse clock in with a rare top-line miss, and we already covered how Disney cleared that hurdle this week. The other zinger in May came at the hands of weaker-than-expected growth in Disney+, as the 103 million subscribers that the media bellwether had on its streaming platform by the end of March were millions fewer than analysts were modeling.\nOn Thursday we learned that there are now 116 million Disney+ subscribers, comfortably ahead of the 114.5 million that Wall Street pros were estimating. It gets better on that front. The average revenue per user (ARPU) on the Disney+ platform declined 10% year over year to $4.19 a month. This is a metric that's been steadily declining since the service began expanding internationally last year, as India's Disney+ Hotstar -- with much lower rates -- is accounting for much of its recent growth.\nHow is this good news? Well, three months ago ARPU was at only $3.99 a month. This is the first sequential increase for Disney+ since shortly after its late 2019 launch. An increase in rates for U.S. subscribers helped prop that figure higher, but that only makes the healthy sequential uptick in subscribers -- 13 million net additions for the three-month period -- that much more impressive.\nIf you want more encouraging signs, Disney's theme park segment reported its first profit since the pandemic. The recent spike in delta variant-fueled COVID-19 cases isn't weighing on guest demand. Current park reservations are higher than the attendance levels in the recently concluded fiscal third quarter.\nThings aren't perfect, but Disney is clearly moving in the right direction. It continues to be the envy of all media stocks, and after essentially marching in place through 2021 -- down 1% year to date through Thursday's close -- it's starting to finally roll again.","kind":null,"is_publish_news":false,"is_publish_highlight":true,"is_publish_live":false,"is_publish_wemedia":null,"editions":null,"column":"","sentiment":"0","news_tag":"","news_rank":0,"symbols":[],"gpt_button":1},"commentList":[{"id":828668575,"gmtCreate":1633910926864,"gmtModify":1676531076469,"author":{"id":"3584962719149008","authorId":"3584962719149008","name":"AngelL","avatar":"https://static.laohu8.com/default-avatar.jpg","vip":1,"crmLevel":2,"crmLevelSwitch":0,"idStr":"3584962719149008","authorIdStr":"3584962719149008"},"htmlText":"wow","listText":"wow","text":"wow","images":[],"top":1,"highlighted":1,"essential":1,"paper":1,"likeSize":1,"commentSize":3,"repostSize":0,"link":"https://ttm.financial/post/828668575","repostId":2159297195,"repostType":4,"isVote":1,"likeStatus":false,"favoriteStatus":false,"reportStatus":false,"tweetType":1,"comments":[{"id":6202657,"gmtCreate":1634255395995,"gmtModify":1663235389440,"authorId":3584962719149008,"author":{"id":3584962719149008,"idStr":"3584962719149008","authorId":3584962719149008,"name":"AngelL","avatar":"https://static.laohu8.com/default-avatar.jpg","vip":1,"currentWearingBadge":{"badgeId":"972123088c9646f7b6091ae0662215be-2","templateUuid":"972123088c9646f7b6091ae0662215be","name":"Master Trader","description":"Total number of securities or futures transactions reached 100","bigImgUrl":"https://static.tigerbbs.com/ad22cfbe2d05aa393b18e9226e4b0307","smallImgUrl":"https://static.tigerbbs.com/36702e6ff3ffe46acafee66cc85273ca","grayImgUrl":"https://static.tigerbbs.com/d52eb88fa385cf5abe2616ed63781765","redirectLinkEnabled":0,"hasAllocated":1,"isWearing":1,"stampPosition":0,"hasStamp":0,"allocationCount":1,"allocatedDate":"2021.12.21","exceedPercentage":"80.60%","individualDisplayEnabled":0,"individualDisplaySort":0,"categoryType":1100},"crmLevel":2,"crmLevelSwitch":0,"individualDisplayBadges":[]},"repliedAuthorId":0,"objectId":828668575,"type":1,"supId":0,"prevId":0,"content":"[Great]","text":"[Great]","html":"[Great]"},{"id":6199024,"gmtCreate":1634223742074,"gmtModify":1663235375140,"authorId":3584016424234099,"author":{"id":3584016424234099,"idStr":"3584016424234099","authorId":3584016424234099,"name":"HeRock","avatar":"https://static.tigerbbs.com/44f6d5bfca82d1cd31bc460ab914dcd6","vip":1,"crmLevel":5,"crmLevelSwitch":1,"individualDisplayBadges":[]},"repliedAuthorId":0,"objectId":828668575,"type":1,"supId":0,"prevId":0,"content":"<u>T</u>","text":"<u>T</u>","html":"<u>T</u>"},{"id":6186806,"gmtCreate":1634138501526,"gmtModify":1663235324442,"authorId":3584016424234099,"author":{"id":3584016424234099,"idStr":"3584016424234099","authorId":3584016424234099,"name":"HeRock","avatar":"https://static.tigerbbs.com/44f6d5bfca82d1cd31bc460ab914dcd6","vip":1,"crmLevel":5,"crmLevelSwitch":1,"individualDisplayBadges":[]},"repliedAuthorId":0,"objectId":828668575,"type":1,"supId":0,"prevId":0,"content":"[流泪]","text":"[流泪]","html":"[流泪]"}],"langContent":"CN"},{"id":897752731,"gmtCreate":1628989580623,"gmtModify":1676529903667,"author":{"id":"3581636635898281","authorId":"3581636635898281","name":"pekss","avatar":"https://static.tigerbbs.com/7dfef98c44b3810cffef7f3eb78524ba","vip":1,"crmLevel":5,"crmLevelSwitch":1,"idStr":"3581636635898281","authorIdStr":"3581636635898281"},"htmlText":"Hope there will be&nbsp;more magical quarters to come. Thanks Tiger Brokers&nbsp;for the free share!","listText":"Hope there will be&nbsp;more magical quarters to come. Thanks Tiger Brokers&nbsp;for the free share!","text":"Hope there will be more magical quarters to come. 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If he is watching from up above, he will be so happy with the phenomenal success of Disney today. 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