What's Sending Shares of Disney Lower This Week?
Shares of Walt Disney (NYSE: DIS) are down sharply this week. What's the reason?
Disney reported its fiscal fourth-quarter financial results on Thursday, Nov. 13, and investors were disappointed.
The entertainment and theme park giant beat earnings estimates for the quarter. It reported adjusted earnings of $1.11 a share, 3% lower than the same quarter last year but six cents higher than the $1.05 Wall Street expected.
Source Fool.com
