Disney+ Subscribers

ESPN+ Subscribers

Hulu Subscribers

Subscribers

Revenue segments as reported by the company.

Parks, Experiences & Consumer Products

Disney Media and Entertainment Distribution

Entertainment

Sports

Experiences

Eliminations

Contract License Early Termination

Revenue Segments

Gross Profit, Operating Income, and Net Income as a percentage of Revenue

Operating Margin

Profit Margin

Margins

An operating expense is an expense a business incurs through its normal business operations. Often abbreviated as OPEX.

Costs & Expenses

Operating Expenses

Year over year growth in Revenue and Operating Expenses.

Revenue Y/Y

OpEx Y/Y

Growth

Shares outstanding refer to a company's stock currently held by all its shareholders, including share blocks held by institutional investors and restricted shares owned by the company's officers and insiders.

Outstanding Shares

Market Cap

Also known as Price/Sales Ratio. Calculated using Average market cap for the quarter / Annualized quarterly revenue.

Revenue Multiple

Disney

Lucasfilm, is an American film and television production company based in the Letterman Digital Arts Center in San Francisco, California. The studio is best known for creating and producing the Star Wars and Indiana Jones franchises, as well as its leadership in developing special effects, sound and computer animation for film. Lucasfilm was founded by filmmaker George Lucas in 1971 in San Rafael, California; most of the company's operations were moved to San Francisco in 2005. The Walt Disney Company acquired Lucasfilm in 2012 at a valuation of $4.06 billion.

Lucasfilm

ESPN (originally an initialism for Entertainment and Sports Programming Network) is a U.S.-based global cable and satellite sports television channel owned by ESPN Inc., a joint venture owned by The Walt Disney Company (80%) and Hearst Communications (20%). The company was founded in 1979 by Bill Rasmussen along with his son Scott Rasmussen and Ed Egan.

ESPN

The American Broadcasting Company (ABC) is an American commercial broadcast television network that is a flagship property of Disney–ABC Television Group, a subsidiary of the Disney Media Networks division of The Walt Disney Company. The network is headquartered on Columbus Avenue and West 66th Street in Manhattan, New York City. There are additional major offices and production facilities elsewhere in New York City, as well as in Los Angeles and Burbank, California.

Marvel Studios, is a motion picture studio and is a subsidiary of Walt Disney Studios, itself a wholly owned division of The Walt Disney Company, with film producer Kevin Feige serving as president. Previously, the studio was a subsidiary of Marvel Entertainment until Disney reorganized the companies in August 2015.

Marvel Studios

A&E Networks (branded as A+E Networks) is a US media company that owns a group of television channels available via cable & satellite in the U.S. and abroad. A&E stands for Arts & Entertainment. The company is a joint venture with Hearst Communications and Disney–ABC Television Group, a unit of The Walt Disney Company.

A&E Networks

FUSION is a television cable and satellite news and satire channel owned by Fusion Media Group, an American multi-platform media company that is owned by Univision Communications, which relies in part on the resources of its parent company's news division, Noticias Univision. In addition to conventional television distribution, Fusion is also streamed online and on mobile platforms to subscribers of participating cable and satellite providers.

Fusion

Pixar, also referred to as Pixar Animation Studios, is an American computer animation film studio based in Emeryville, California that is a subsidiary of The Walt Disney Company. Pixar began in 1979 as the Graphics Group, part of the Lucasfilm computer division, before its spin-out as a corporation in 1986, with funding by Apple Inc. co-founder Steve Jobs, who became the majority shareholder. Disney purchased Pixar in 2006 at a valuation of $7.4 billion, a transaction that resulted in Jobs becoming Disney's largest single shareholder at the time. Pixar is best known for CGI-animated feature films created with RenderMan, Pixar's own implementation of the industry-standard RenderMan image-rendering application programming interface, used to generate high-quality images.

Pixar

Touchstone Pictures is an American film distribution label of Walt Disney Studios Motion Pictures. Previously, Touchstone operated as an active film production banner of Walt Disney Studios, owned by The Walt Disney Company. Established on February 15, 1984 by then-Disney CEO Ron W. Miller as Touchstone Films, similar to the defunct label Hollywood Pictures, it typically releases films targeted to adult audiences with more mature themes and darker tones than those released under the Disney name. Touchstone Pictures merely serves as a brand and not a distinct business operation, and does not exist as a separate company.

Touchstone Pictures

Hulu (stylized as hulu) is an American subscription video on demand service owned by Hulu LLC, a joint venture with The Walt Disney Company (through Disney Direct-to-Consumer and International)[7] (30%), 21st Century Fox (30%), Comcast (through NBCUniversal) (30%), and as of August 10, 2016, Time Warner (through Turner Broadcasting System) (10%). Through an acquisition announced in December 2017, Disney will acquire Fox's partial ownership, giving it a majority stake when the deal closes.

Hulu

The Walt Disney Co. engages in the business of international family entertainment and media enterprise. It owns and operates television and radio production, distribution and broadcasting stations, direct-to-consumer services, amusement parks, and hotels. It operates through the following business segments: Disney Entertainment, ESPN, and Disney Parks, Experiences, and Products. The company was founded by Walter Elias Disney on October 16, 1923 and is headquartered in Burbank, CA.

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Disney focuses on streaming growth and cost savings for profitability

Disney's strategic transformation aims to drive sustained growth and profitability through cost savings and a focus on core business segments.
The company's strong performance in key segments, successful content releases, and strategic partnerships position it well for future success.
While facing challenges in restructuring and content distribution, Disney is leveraging opportunities in streaming, brand strength, and content licensing for growth.
Overall, Disney's focus on core brands, content curation, and customer experience enhancement aligns with its vision for future success and profitability.

Disney focuses on streaming profitability and parks growth strategies

Disney is strategically aligning its businesses for sustained growth, focusing on cost-cutting, audience engagement, and profitability in streaming services. The company's strong financial performance, diverse content portfolio, and focus on innovation position it well for future success amidst industry challenges and opportunities.

Disney focuses on DTC growth and strategic partnerships for future

Disney's Q3 earnings call highlighted transformation efforts, strong DTC and Parks performance, and strategic initiatives for growth. Challenges in content sales and linear networks were acknowledged, with opportunities in partnerships and pricing strategies. Company prioritizes liquidity, profitability, and smart capital allocation.

Disney triples Q4 earnings, eyes streaming growth and cost efficiency

Disney's strong financial performance in Q4 and fiscal 2023, driven by growth in streaming and experiences businesses, sets the stage for continued success.
Efforts to streamline operations, reduce costs, and focus on core brands and franchises position Disney for long-term sustainability and growth.
Anticipated investments in experiences business and strategic priorities to transform ESPN into a digital sports platform highlight Disney's commitment to innovation and expansion.
Exploration of partnerships, cost-saving measures, and focus on content quality present avenues for Disney to capitalize on emerging opportunities and navigate challenges effectively.

Disney excels in Q1 with strong financials and strategic focus

Disney's Q1 2024 Earnings Call highlighted strong financial performance, strategic initiatives in digital sports and streaming, and a focus on enhancing content quality and subscriber growth. While facing challenges in a competitive landscape and potential cord-cutting impacts, the company is well-positioned to leverage opportunities in gaming partnerships, direct-to-consumer expansion, and park investments.

Disney reports strong Q2 performance and strategic growth initiatives

Disney's Q2 performance was robust, with strong growth in adjusted EPS and profitability in streaming.
The company is strategically investing in content and cost efficiency while exploring new opportunities.
Challenges include content licensing decisions and replicating partnership success.
Overall, Disney remains focused on growth, shareholder returns, and a balanced content strategy.

Disney reports 2% revenue growth in Q3, streaming success highlighted

Disney's Q3 2024 earnings call highlighted revenue growth driven by park IP and streaming success.
The company faces challenges in managing costs, content spending balance, and maximizing profitability.
Opportunities lie in capitalizing on streaming services, global park demand, and strategic partnerships.
Analysts' inquiries focused on Disney's financial outlook, pricing power, and growth strategies for key segments.

Disney reports robust Q4 results, focuses on streaming and Experiences growth

Disney's Q4 earnings call highlights strong performance across key segments, creative content offerings, and strategic investments. While facing challenges in certain areas, the company is focused on leveraging opportunities in streaming, DTC margins, and international expansion. Overall, Disney remains optimistic about its growth trajectory and future prospects.

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Book value per share

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Apple

Netflix

In recent years streaming stocks have experienced exponential growth as an increasing number of platforms vie for viewer attention. But amidst the intense competition, a few names have emerged as winners in a crowded market.

3 Streaming Stocks Primed for Big Gains This Year

Strong DTC growth driven by subscriptions, advertising, and price increases. Weakness in domestic park business due to high interest rates, expected to recover with interest rate cuts. Growth forecast for FY24 and beyond, with a calculated fair value of $110 per share based on DCF analysis.

Disney Q3: Strong DTC Growth Mixed With Weak Park Business

Walt Disney Co (NYSE:DIS, ETR:WDP) plans to invest at least $5 billion (£3.9 bilion) in the UK and continental Europe over the next five years to produce movies and TV shows, the Mouse House's European boss told the Financial Times. The entertainment monolith already has a sizeable production presence in the UK, with all previous Star Wars films being filmed at Pinewood Studios in Iver Heath, England.

Disney planning $5bn Europe and UK filmmaking splurge

The House of Mouse is returning to form at the box office.

1 Undervalued Growth Stock You Can Buy Now in August

Walt Disney , which reclaimed the top of the summer box office with Pixar animation's Inside Out 2 and Marvel's raunchy Deadpool & Wolverine, is set to announce details of coming films at its D23 fan convention on Friday.

Disney rides pair of box office hits into D23 fan convention

Disney has unmatched intellectual property, and its streaming services are generating positive operating income. The business might never replace the declining profits of the once-thriving linear networks.

Disney Stock: Bull vs. Bear

Disney plans to spend at least $1 billion every year in the UK, Europe, the Middle East and Africa over the next five years to produce movies and TV shows, a company spokesperson told Reuters on Friday.

Disney to spend $5 bln for films and TV production across UK, EMEA

Disney's shares dropped 4.5% after exceeding revenue and earnings expectations in Q3, driven by concerns over theme park operations and the pending Hulu acquisition. Disney's streaming business showed mixed results with Disney+ Hotstar subscribers declining, while Disney+ Core subscribers and other streaming services saw growth. Despite some weak spots, Disney's overall financial performance was strong, with growth in revenue, earnings, and cash flow, leading to a 'strong buy' rating.

Disney's Slump Is An Overreaction

Bad news for those who share or are using a shared Disney Plus account: The streaming service's password-sharing crackdown is rolling out “in earnest” next month. That's according to comments from Disney CEO Bob Iger, who confirmed that the company would be expanding its password-sharing crackdown in September.

Disney Plus password-sharing crackdown: New rules for U.S. households could come next month

Amazon

Warner Bros Discovery Inc

Best streaming stocks will continue to attract attention for several years, considering the secular growth in the streaming business. This is also thanks to cord-cutting and a decline in appointment viewing.

The 3 Best Streaming Stocks to Buy in August 2024

Comcast

Walt Disney said on Wednesday it may have to pay up to $5 billion more to buy Comcast's minority stake in Hulu, if an appraiser were to agree with Comcast's assessment that the stake should be valued at more than $40 billion. Earlier this year, Disney and Comcast hired investment bank RBC Capital as the independent appraiser to resolve a dispute over how to value the 33% stake in the streaming platform, according to people familiar with the matter.

Disney could pay another $5 billion for Comcast's Hulu stake. Here's why

Paramount Global

Roku

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.

3 Streaming Service Stocks to Sell in August Before They Crash & Burn

The Walt Disney Company DIS stock analysts see concerns for the company's theme park business weighing on financials and offsetting profitability shown for streaming in the third quarter.

Disney Analysts Tackle Theme Park Weakness, Streaming Profits: 'The Upside In The Entertainment Units More Than Offsets The Parks Miss'

Disney's (DIS) iconic brand and improved streaming services performance make the stock worth watching amid intensifying competitive pressure and high valuation in 2024.

Here's How to Play Disney (DIS) Post Q3 Streaming Profitability

Demand for the most magical place on earth is softening.

End of an era: Disney Parks no longer the profit juggernaut they once were

Intel

Fastly

Topgolf Callaway Brands Corp

Textron

Top Wall Street analysts changed their outlook on these top names. For a complete view of all analyst rating changes, including upgrades and downgrades, please see our analyst ratings page.

This Intel Analyst Is No Longer Bullish; Here Are Top 5 Downgrades For Thursday

Disney's post-pandemic box office has been riddled with starts and stops, but midway through 2024 the studio appears to have hit a groove. "Inside Out 2" is the highest-grossing animated movie of all time and has topped $1.5 billion at the global box office.

Three Disney films could top $1 billion this year after box office rut

Shares of entertainment and media firm Walt Disney have dropped despite a first-time profit at its streaming unit.

Disney Stock Gets a Downgrade. 2 Things Going Wrong, and What's Going Right.

Disney has put out the biggest global theatrical hit for three consecutive months, and all three happen to be sequels. "Inside Out 2" has set a new record for full-length animated features this summer, but it's also spurred interest in the original film on Disney+.

Hey, Disney Shareholders, Start Falling in Love With Sequels

The Walt Disney Company's NYSE: DIS Q3 results and guidance are solid, leaving many questioning why the stock remains under pressure. The primary reason is a caution that economic pressures will continue to impact demand at the parks.

Oversold and Underloved, Disney is Ready to Rebound Strongly

24/7 Wall St. Insights Walt Disney Co. (NYSE: DIS) trumpeted a turnaround as its streaming unit made money for the first time.

Disney Is Still an Awful Stock

The Walt Disney Co. and Warner Bros. Discovery share a pretty simple plan to generate more streaming revenue: Raise prices and crack down on password-sharing, forcing moochers to get their own accounts.

Why your days of sharing passwords for Disney+, Hulu and Max are numbered

CNBC's Jim Cramer used Disney's Wednesday stock performance to describe how investors want rate cuts but are also concerned by a lack of spending from consumers. "The Fed can rejoice and stretch the time before it cuts rates until it sees the Disneys of the world cut prices en masse, or it can anticipate what's going to happen and move now," he said.

Cramer looks at Disney's post-earnings stock move to explain Wall Street dynamics

The Walt Disney Company reported a profitable combined streaming business in third quarter earnings. CEO Bob Iger expects continued DTC profitability in the last quarter of the fiscal year. Streaming business has significantly contributed to large profit improvements for Disney this fiscal year.

Disney: Back To Growth With A Big Streaming Improvement To Help

The major benchmarks couldn't hold on to early gains as selling pressure returned to risk assets.

News for Disney Stock (DIS)