Name: DIS Earnings Flop: Behind Profits from a Year Ago
Uploaded: 2024-05-07T19:55:01.574-05:00
Duration: 8 min 27 s

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Walt Disney (DIS) is lower after earnings, with streaming nearly breaking even. Zacks Investment Management’s Brian Mulberry notes that Disney is still behind profits from a year ago and the key to future earnings will be getting better results from the entertainment division. He and Morningstar’s Matt Dolgin discuss these earnings and how Disney+, Hulu, and ESPN+ reported an $18M loss in 2Q. Tune in to find out more about the stock market today.

DIS Earnings Flop: Behind Profits from a Year Ago

Expert commentary about top moving stocks, sectors, and commodities, along with CEO and analyst interviews.