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The company said after the bell on Wednesday it now expects annual cost cuts to total $7.5 billion this year, up from the previous $5.5 billion target set in February. That includes a $4.5 billion ...
September 6, 2023 at 9:48 AM. ... Judging by Disney's stock price, investors are worried about the path forward for Disney under Iger. Shares of the media giant hit a fresh 52-week low on Tuesday ...
While this forward price-to-earnings ratio is in line with the company's 10-year average for the multiple, the metric looks increasingly attractive into 2025, where Disney is forecast to reach EPS ...
In Q3, ARPU declined from $4.62 to $4.16 due to a higher mix of Disney+ Hotstar subscribers compared with the prior-year quarter, Disney said. Disney’s other streaming services, Hulu and ESPN+ ...
UPDATED: Shares of Disney slipped as much as 9% in trading Thursday after the media conglomerate reported earnings for the first three months of 2023. Disney’s earnings report showed progress on ...
Also on Wednesday, Disney announced that it’s raising the price of the ad-free Disney+ subscription to $10.99 per month starting December 8 in the United States, up from the current $7.99 price ...
The company reported Q2 adjusted earnings of $1.21 a share — a beat compared with the $1.10 analysts polled by Bloomberg had expected and higher than the $0.93 Disney reported in Q2 2023.
The company also guided to full-year fiscal 2024 earnings of $4.60 a share, an increase of at least 20% versus 2023. Revenue came in at $23.5 billion, a slight miss compared with the $23.8 billion ...