Workflow
Disney Q4 revenue misses estimates amid linear TV pressures, company increases dividend

Disney (DIS) reported mixed fourth quarter results on Thursday as continued declines in its linear TV business offset strength in parks and streaming and investors eye the final stretch of CEO Bob Iger’s turnaround ahead of his planned departure next year. Disney reported revenue of 22.46billionforthequarter,missinganalystexpectationsof22.46 billion for the quarter, missing analyst expectations of 22.83 billion and coming in roughly comparable to the year-earlier period. A 6% revenue drop within the company's entertainment division, which includes its stre ...