The 1 Big Thing (Nearly) Missing in Disney's Q1 Earnings Release
By almost any yardstick, Walt Disney (NYSE: DIS) had an outstanding first quarter of 2022. With the deprivations of the pandemic receding, revenue ballooned and profitability shot skyward. The shutdowns that put "closed" signs on the company's beloved theme parks seem to be a thing of the past, and the Disney+ streaming service is adding millions of subscribers.
Bucking the general trend of the stock market, Disney shares have been on quite the tear since the company reported those results in early February. I'm a shareholder of The Mouse so I'm grateful for this; however, there's one item that was very conspicuous by its absence in that otherwise glowing earnings report.
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Source Fool.com
