JHVEPhotoContrary to the hopes and dreams of its shareholders, The Walt Disney Company (NYSE:DIS) saw its shares decline by 4.5% on August 7th. This came after the company announced financial results for the third quarter of its 2024 fiscal year. Prior to earnings, I had written my own preview of what investors should expect. Revenue and earnings per share came in higher than analysts anticipated. Cash flows are growing nicely and management is buying back a great deal of stock. However, fears regarding ...

While streaming remains the future of the entertainment industry, it has become difficult to make a go of the business. The hype that surrounded streaming during the pandemic when everyone was locked down at home has subsided. In its place has come a sea of red ink for most streaming companies as market saturation and overspending on content development set in.Consequently, the stocks of most streaming companies have fallen sharply since peaking in late 2021 just as Covid-19 vaccines became widely available ...

Disney (DIS) achieved a major milestone in its pivot toward the streaming era. The company’s streaming services segment turned profitable for the first time in the third quarter of fiscal 2024, ahead of its prior expectations of achieving profitability in the fourth quarter. This is a significant development that has sent shockwaves through the media industry and has investors questioning whether now is the time to buy Disney's stock. (Read More: Disney Q3 Earnings Beat Estimates, Revenues Rise Y/Y)Disney's ...

文章核心观点 - 迪士尼第三财季报告虽表现乐观但市场反应不佳，其制作续集电影的策略能带来丰厚收益，值得股东关注 [1] 迪士尼续集电影表现 - 迪士尼在5月、6月和7月推出的月度票房冠军电影《猩球崛起：新世界》《头脑特工队2》《死侍与金刚狼》均为续集 [1] - 过去10年迪士尼全球票房最高的10部电影均为续集或翻拍，每部全球票房至少达14亿美元 [2] 续集电影对业务的影响 - 《头脑特工队2》全球票房超15亿美元，成为史上票房最高的动画电影 [4] - 《头脑特工队2》首支预告片发布后，2015年原版《头脑特工队》在迪士尼+上获得1亿次观看，带来超130万新订阅用户 [5] 公司未来展望 - 今年晚些时候《海洋奇缘2》将上映，股东对其票房表现感到乐观 [3] - 《木法沙：狮子王》上映有望延续成功，迪士尼在打造热门续集方面有良好记录 [6]

文章核心观点 - 迪士尼公司的业绩超出华尔街预期,但其主题公园业务受到通胀和消费需求下降的影响 [3] - 这种情况反映了许多其他公司面临的问题,消费者变得更加挑剔 [4] - 尽管如此,迪士尼公司的主题公园业务仍然具有相关性,只是变得更加昂贵 [4] - 迪士尼可能有能力降低价格,因为其他业务部门的成功 [4] - 即使美联储降息,消费者可能仍然要求更低的价格 [4] 行业总结 - 许多公司面临着消费者变得更加挑剔的问题 [4] - 消费者对支出变得更加谨慎,这给公司带来了挑战 [4] - 主题公园等娱乐业务受到通胀和需求下降的影响 [3] - 公司可能需要降低价格来吸引消费者,即使美联储降息 [4] 公司总结 - 迪士尼公司的业绩超出预期,但主题公园业务受到影响 [3] - 迪士尼公司的主题公园业务仍然具有相关性,只是变得更加昂贵 [4] - 迪士尼公司可能有能力降低价格,因为其他业务部门的成功 [4]

JHVEPhoto The Walt Disney Company (NYSE:DIS) reported its fiscal third quarter earnings with the surprise announcement that the combined streaming business is now profitable. Disney Streaming Business Results Second Quarter 2024 (Disney Executive Commentary Second Quarter August 2024) The overall profit improvement in this one area of the business is so large that it is worth pointing out before we talk about anything else. Obviously, both the quarterly improvement and the year-to-date improvement pla ...

文章核心观点 - 迪士尼股价周三下跌,主要原因是公司在季度财报中警告其核心的主题公园业务出现需求疲软[1][2][3][4] - 迪士尼CEO伯格警告分析师,公司看到低收入消费者正面临一些压力,暗示消费者支出收紧[4] - 除迪士尼外,其他公司如Airbnb、Amgen、Lyft和Super Micro Computer等也在周三股价下挫[5] 公司表现 - 尽管财报数据超出分析师预期,但迪士尼股价仍下跌近4%,创下2024年新低[2] - 迪士尼股价表现长期落后大盘,过去10年涨幅仅11%,远低于标普500指数170%的涨幅[7] - 即使在伯格2022年11月重返CEO职位后,迪士尼股价也仍下跌5%,而同期标普500上涨36%[7] - 迪士尼股价表现不佳与传统媒体公司普遍低迷的趋势一致,如福克斯、康卡斯特和派拉蒙等[7] - 相比之下,流媒体巨头Netflix过去10年股价涨幅超过800%[7] 分析师评论 - 大和证券分析师乔纳森·基斯表示,尽管投资者情绪反应激烈,但对迪士尼业绩仍持积极看法[6] - 罗森布拉特分析师巴顿·克罗克特虽下调目标价,但仍给予买入评级,认为公司资产价值可观[8] - 迪士尼目前市盈率约16.3倍,较4月下降约35%,反映市场对其盈利能力信心下降,但也意味着估值折价[8][9]

Stocks appear to be staging a reversal on Wednesday, reclaiming more ground after Tuesday’s first rally attempt. The gains come on the heels of a three-day rout that took out a substantial portion of this year’s market gains.A sharp rise in the Japanese Yen against the US dollar ignited an unwinding of what’s referred to as a “carry trade,” whereby speculators who borrowed money at Japan’s near-zero interest rates to buy US risk assets rushed to liquidate their holdings.In the years leading up to the 2008 f ...

Walt Disney reported a decline in operating profit at its theme parks and predicted a ‘moderation in demand’ in coming quarters, overshadowing the success of the animated Pixar film “Inside Out 2” and the company’s streaming services.The company’s stock was down 1.3% Wednesday as Disney warned operating income at the parks would be down ‘mid single-digits’ in the fiscal fourth quarter. 3 The Walt Disney Company’s latest earnings report beat estimates from Wall Street analysts. AP“We expect to see a flatti ...

The Walt Disney Company hosted an earnings call on Wednesday.CFO Hugh Johnston said the company will crackdown on password-sharing in September.Disney also reported that its streaming business is profitable for the first time this quarter. Sign up to get the inside scoop on today’s biggest stories in markets, tech, and business — delivered daily. Read preview Thanks for signing up! Go to newsletter preferences Thanks for signing up! Access your favorite topics in a personalized feed while you're o ...