Disney Stock Defies Ho-Hum Earnings
Walt Disney (NYSE: DIS) is making waves. The media giant spiced up its latest financial report by announcing that it will roll out its own consumer-to-direct streaming video service by early next year, a move that dealt an initial hit to Netflix (NASDAQ: NFLX) as a popular hub of Disney content.
The fiscal third-quarter results were newsworthy, too, even as the top- and bottom-line results came in flattish. Revenue of $14.238 billion was just 0.3% lower than a year earlier, and adjusted earnings of $1.58 a share were 2% less than a year earlier.
Image source: Disney.
Source: Fool.com
Netflix Inc. Aktie
63,76 €
-0,30 %
Klares Buy-Übergewicht bei der Netflix Inc. Aktie mit 123 zu 3 Einschätzungen.
Eine erhebliche Steigerung um mehr als 50% ist für Netflix Inc. mit einem Kursziel von 100 € im Vergleich zum aktuellen Kurs von 63.76 € zu erwarten.
