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Should you buy Disney stock after Thursday’s earnings report?
- Shares of Disney stock have pulled back more than 2.5% after Thursday’s fiscal second-quarter results
- Experienced a decline in revenue from streaming video while the parks & resorts business continues to struggle
- The CDC’s new guidance on wearing masks, this could be the perfect opportunity to buy
May 18, 2021
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Market analysis
Should you buy Disney stock after Thursday’s earnings report?
Walt Disney (NYSE:DIS) reported its fiscal second-quarter results last Thursday, which missed analyst expectations on revenue. The company’s top line of $15.61 billion (£11 billion) was slightly lower than Wall Street’s estimate of $15.85 billion. On the other hand, earnings per share came in at $0.79…
May 18, 2021
Full stream ahead: The Netflix share price has bucked the downward trend in 2020
It is no secret that 2020 has been a bloodbath in stock exchanges around the world. The FTSE 100 has had a torrid time, as it has dropped to around the 5,000 mark following the coronavirus outbreak.Yet, some companies are bucking the trend. Supermarkets like Sainsbury’s and Morrison have both…
March 18, 2020