Disney Delivers Earnings Magic for Investors
Investors had been feeling fear and trepidation going into Disney's (NYSE: DIS) earnings report on Thursday. They were concerned that declining visitors at its theme parks and several disappointing performances at the box office would weigh on Disney's quarterly results.
Those fears turned out to be unfounded, and the House of Mouse delivered earnings magic in advance of the debut of the Disney+ streaming service on Nov. 12. Let's review what led to the strong performance and what to expect when Disney's new subscription service bursts on the scene next week.
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Source Fool.com
