New User:

-or-
Username:
Password:
Forgot your password?

Stock Market & Financial Investment News

News Breaks
February 5, 2013
12:27 EDTDISEarnings Preview: Disney sees 'difficult' Q1 comparisons in studio unit
Disney (DIS) is scheduled to report Q1 results after the market close on Tuesday, February 5, with a conference call scheduled for 5:00 pm ET. The Walt Disney Company is a diversified international family entertainment and media enterprise with five business segments: media networks, parks and resorts, studio entertainment, consumer products and interactive media... EXPECTATIONS: Analysts are looking for EPS of 76c on revenue of $11.21B, according to First Call. The consensus range for EPS is 70c-80c on revenue of $10.98B-$11.41B... LAST QUARTER: Disney reported Q4 EPS of 68c against estimates for 68c on revenue of $10.78B against estimates for $10.92B. The company's media networks revenue was $4.88B vs. $4.8B a year ago, while its studio entertainment revenue was $1.4B vs. $1.46B a year ago. On its Q4 earnings conference call, Disney forecast "difficult" Q1 comparisons in its studio unit from home entertainment, and said that at cable, domestic sports rights costs will be $170M higher in Q1 vs. last year. The company also said Q1 parks and resorts results would be impacted by a timing shift. During the quarter, Disney announced plans to shut down Disney Movies online, its Web Movie service, as the site wasn't keeping up with user demands, and also said it would shutter Junction Point Studios. Disney also increased its annual dividend 25% to 75c per share. Disney and Netflix (NFLX) announced a multi-year licensing agreement that will make Netflix the exclusive U.S. subscription television service for first-run live-action and animated feature films from The Walt Disney Studios. Reuters recently reported that Disney recently started an internal cost cutting review, which could lead to layoffs at its studio and other units... STREET RESEARCH: Stifel Nicolaus expects Disney to benefit from multiple catalysts including a compelling content cycle for its Studio unit and a swing to profitability at its Interactive business. The firm expects Disney's EPS growth to accelerate. B. Riley upgraded Disney to Buy from Neutral on January 23 based on valuation, a strong film slate, higher Theme Park margins and a higher rate card at ESPN... PRICE ACTION: Over the last three months, Disney shares are up almost 8%. Year-to-date, shares are up over 8%. Ahead of earnings, Disney is up almost 0.5% to $54.14.
News For DIS From The Last 14 Days
Check below for free stories on DIS the last two weeks.
Sign up for a free trial to see the rest of the stories you've been missing.
September 17, 2014
13:08 EDTDISDisney sees digital ownership up 37% year to date
Subscribe for More Information
September 16, 2014
07:27 EDTDISBofA/Merrill to hold a conference
Subscribe for More Information
07:19 EDTDISCompanies' share buybacks at fasttest clip since 2007, WSJ reports
Companies are buying back their own shares at its fastest pace since the financial crisis to fuel a stock rally, reports the Wall Street Journal. According to Birinyi Associates, companies have bought back $338.3B of stock in 1H14, the most since 2007. Citing an analysis by Barclays, companies with the largest buyback programs by dollar value have outperformed the broader market by 20% since 2008. Reference Link
September 15, 2014
07:29 EDTDISSony's 'No Good Deed' tops weekend box office, WSJ reports
Subscribe for More Information
September 12, 2014
14:50 EDTDISDisney confirms plans for 'Frozen' attraction at Disney World
Subscribe for More Information
September 10, 2014
13:48 EDTDISDisney CFO says digital ads growing 'much faster' than tv advertising
Subscribe for More Information
13:11 EDTDISDisney CFO says Maker integration going well
Subscribe for More Information
September 9, 2014
14:54 EDTDISApple announces Apple Pay
Subscribe for More Information
13:58 EDTDISStarbucks, Groupon, OpenTable apps among those to integrate Apple Pay
Subscribe for More Information

Sign up for a free trial to see the rest of the stories you've been missing.

I agree to the theflyonthewall.com disclaimer & terms of use