Disney Fiscal Q3: The Streaming Dinosaur

Summary:

  • The Walt Disney Company’s fiscal Q3 earnings showed mixed performance, with revenue growth but declining EPS when excluding one-time items.
  • CEO Bob Iger highlighted the progress of Disney’s ongoing business transformation, with cost savings exceeding targets and improved direct-to-consumer losses.
  • Disney is facing challenges in popularity compared to Netflix, signaling a need to adapt its creative strategy to the personalization era and blend traditional magic with modern personalization.

Tyrannosaurus Rex on black background

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The Key Takeaway From Q2 Earnings

The Walt Disney Company (NYSE:DIS) reported fiscal Q3 results that showed mixed performance. Revenues grew 4% for the quarter and 8% for the 9-month period. However, EPS declined year-over-year for both


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