Is this Disney's Time?
@MaverickWealthBuilder:
$Walt Disney(DIS)$ released its Q4 fiscal year 2023 earnings report after the market closed on November 8. Benefiting from cost-cutting measures and better-than-expected growth in streaming subscriptions, the company exceeded profit expectations, leading to a 3% increase in after-hours trading.Q4 Earnings RerviewIn terms of revenue and profit, Disney generated $21.24 billion, a 5% year-on-year increase, slightly below the expected $21.4 billion. The main contributor to this growth was the company's Parks segment, which has now been renamed as Experiences.Disney has recently restructured its revenue structure, making it difficult to compare with historical data. The company has reorganized its segments into Entertainment, Sports, and Experiences, wh