Disney Stock News

Walt Disney (DIS) has jumped 6.5% after blowing out its fiscal first-quarter earnings expectations, topping consensus on top and bottom lines and reporting more Disney+ subscribers…

The Walt Disney Company said on Wednesday that its revenue for the first quarter of its fiscal year 2022 stood at $21.8 billion after a 34% jump on a yearly comparison basis. GAAP diluted earnings pe…

Disney press release (DIS): Q1 Non-GAAP EPS of $1.06 beats by $0.43.Revenue of $21.82B (+34.3% Y/Y) beats by $860M.Shares +6.5%.Segments: Disney Media and Entertainment Distribution…

Walt Disney Co (NYSE: DIS ) was trading about 3% higher on Wednesday as it headed into its first-quarter 2022 earnings print scheduled to be released after Wednesday''s market close. Traders and investors will be watching to see if Disney has been able to increase visitor numbers at its theme parks and whether the company has been able to sustain or increase its Disney+ subscription numbers, which surged during the peak of lockdown orders brought on by the COVID-19 pandemic. When Disney reported its fourth-quarter revenue beat on Nov. 10, the stock gapped down almost 6% the following day because its average revenue per user for Disney+ declined 9% year over year. From a technical analysis perspective, Disneys stock looks set to climb higher but it should be noted that holding stocks or options over an earnings print is akin to gambling because stocks can react bullishly to an earnings miss and bearishly to an earnings beat. Options traders particularly, those who are holding close dated

The Walt Disney Co (NYSE: DIS ), Sony Group Corp’s (NYSE: SONY ) Sony Pictures Networks India, and Viacom18 are companies planning to bid for the rights to the Indian Premier League, the Wall Street Journal reports . Viacom18 is a joint venture … Full story available on Benzinga.com

Disney (DIS) reports Q1 earnings after market close on Feb. 9. Can the rebounding Parks, Experience and Products unit offset slowing growth at Disney+?

Air Canada (OTC: ACDVF ) has teamed with the Walt Disney Co (NYSE: DIS ) on the promotion of the Pixar animated feature Turning Red, with the films giant animated panda featured on the exterior of one of the carriers Airbus A220 aircraft. What Happened: Turning Red has distinctive Canadian roots: the film is set in Toronto and directed by Canadian filmmaker Domee Shi . In addition to the themed livery that will fly across the country, the airline will share a special Turning Red video inspired by the films trailer. On Full story available on Benzinga.com

Each day, Benzinga takes a look back at a notable market-related moment that occurred on this date. What Happened? On Feb. 8, 1971, the National Association of Securities Dealers Automated Quotation was launched. Where Was The Market? The S&P 500 was at 97.45 and the Dow Jones Industrial Average stood at 882.12. What Else Was Going On? In 1971, Charles Manson was convicted of first-degree murder and sentenced to death, and Walt Disney Co (NYSE: DIS ) opened Walt Disney World in Orlando, Florida. A gallon Full story available on Benzinga.com

Morgan Stanley analyst Benjamin Swinburne lowered the price target on The Walt Disney Co (NYSE: DIS ) to $170 from $185 and reiterated an Overweight rating on the shares. The price target implies an upside of 19.34%. Swinburne lowered his long-term direct-to-consumer margin expectations following the reset of his Netflix Inc (NASDAQ: NFLX ) expectations. Related Content: Full story available on Benzinga.com

The stock market followed up on its best weekly performance of 2022 with an up-and-down Monday session. A slow day on the data front allowed investors to further process last week''s better-than-expected January jobs report; that benefited cyclical sectors including energy stocks (+1.3%), which led the way despite a 1.1% decline in U.S. crude oil futures, to $91.27 per barrel. However, communication stocks including Meta Platforms ( FB , -5.1%) and Google parent Alphabet ( GOOGL , -2.9%) weighed on the major indexes. SEE MORE The 22 Best Stocks to Buy for 2022 The Dow Jones Industrial Average finished marginally higher to 35,091, while the S&P 500 (-0.4% to 4,483) and Nasdaq Composite (-0.6% to 14,015) slipped, but by modest amounts. There''ll be plenty more to watch later this week, however. Walt Disney ( DIS ) and Coca-Cola ( KO ) are among the noteworthy companies reporting earnings this week , and Thursday''s consumer price index report will provide another important update on America''s inflation situation.

Dogecoin (CRYPTO: DOGE ) was surging almost 9% higher on Monday and Tesla, Inc (NASDAQ: TSLA ) CEO Elon Musk used the opportunity to resurface a post of a meme on Twitter he had made exactly one year ago today. The image was of a photoshopped scene from Walt Disney Cos (NYSE: DIS ) 1994 version of The Lion King that showed Musk holding up Kiss bassist Gene Simmons who is holding up Snoop Dogg who is, in turn, hoisting a Shiba-Inu into the air. Musk, who is a Dogecoin bull, brought the image to the top of his Twitter timeline by commenting under it with a laughing emoji . On Feb. 7, 2021, Dogecoin bust up through 73-cent level, which was near the beginning of a massive bull run that brought the crypto up 1,175% from that date to an all-time high of $0.738 on May 8. On Sunday, Dogecoins official Twitter page hit a milestone with over 3 million followers. The record number of social media users following Dogecoin may indicate there is an increasing number of traders and investors trading the crypto, which could account for why Dogecoin has been moving higher over the last few

The week of Feb. 7 is full of quarterly earnings reports from some of the largest publicly traded companies. Benzinga Pro covers the latest headlines on every stock and also highlights expected earnings for companies while taking a look at whether companies beat or miss analyst expectations. This weeks earnings reports includes several companies tied to consumers for at home consumption. Three of the companies are valued at more than $250 billion each, while the other two names find themselves on the list for other reasons. Walt Disney: Media and consumer products giant Walt Disney Co (NYSE: DIS ) is set to report first quarter earnings on Wednesday after market close. Analysts are expecting the company to post revenue of $18.7 billion. The company has beat revenue estimates from the street in the last two quarters, according to Benzinga Pro . The $18.7 billion figure would be significantly ahead of the fourth quarters total of $16.3 billion. Prior to the pandemic, Disney was reporting revenue of over $20 billion in the first quarter of fiscal years, so the figure reported could go a long way in showing how well the company is progressing in its recovery.

Investors who have owned stocks in the past year have generally experienced some decent gains. In fact, the SPDR S&P 500 (NYSE: SPY ) total return over the past 12 months is 17.2%. But there is no question some big-name stocks performed better than others along the way. Disney’s Bumpy Ride: One company that has been a disappointing investment in the past year has been Walt Disney Co (NYSE: DIS ). Disney’s theme parks, cruise lines and TV and movie studio businesses experienced a near worst-case scenario when the COVID-19 pandemic occurred in early 2020. Vacation travel completely ceased, and Disney was forced to close its parks and suspend its cruises. Unfortunately, the current batch of COVID-19 vaccines has been ineffective in preventing the spread of omicron and other variants, and Disney''s pandemic recovery may take longer than investors had initially hoped. Fortunately for Disney investors, the … Full story available on Benzinga.com

It''s another busy week for the earnings calendar , with entertainment and media giant Walt Disney ( DIS , $140.39) among several Dow Jones stocks set to report. DIS is scheduled to unveil its fiscal first-quarter earnings report after Wednesday''s close. Analysts appear to be all over the place on the subject, with estimates ranging from 40 cents per share on the low end to $1.13 per share on the high end. The consensus estimate, meanwhile, is 61 cents per share (+90.6% YoY). Revenue is expected to arrive at $18.74 billion, a 15.3% increase from its year-ago results. SEE MORE The 22 Best Stocks to Buy for 2022 "DIS remains well positioned for the recovery driven by a continued increase in capacity at theme parks and an improving content slate in the second half of fiscal 2022," writes BofA Securities analyst Jessica Reif Ehrlich (Buy). She points to Disney+ as "a key tenet of the bull thesis," and expects the company to report 7 million net adds in its fiscal first quarter (-67% YoY). Still, total streaming subscribers are forecast to land at 125.1 million, up 31.8% from the year prior.

Disney (DIS) reached 52-week lows late last month, weighed down by growth concerns, especially at its streaming service. Has it fallen far enough to become a buy?