Disney's Miss Was Better -- and Worse -- Than You Think
Walt Disney (NYSE: DIS) had a lot to prove heading into Thursday afternoon's fiscal second-quarter report. The stock was initially moving lower on the release. The knee-jerk reaction is to blame weaker-than-expected growth in Disney+ subscribers for the rare top-line miss.
But do the math. It's a bigger story than growth slowing at Disney+ that held the House of Mouse back this time. The numbers are simple...but pack a calculator all the same.
Image source: Getty Images.
Source Fool.com
