On Jan 03, we issued an updated research report on Disney (DIS - Free Report) .
Disney, together with its subsidiaries and affiliates, is one of the world’s largest diversified entertainment companies. The company’s assets span across movies, television, publishing and theme parks.
Notably, Disney beat the Zacks Consensus Estimate in three of the trailing four quarters, delivering average positive surprise of 8.52%.
However, the company has lost 4.7% over the past year compared with the industry’s decline of 2.8%.
Factors Influencing the Stock
Disney’s popular content slate is aiding portfolio strength. The company’s animation flick Ralph Breaks the Internet reached the zenith of the top 10 weekend domestic box-office estimates. This helped Disney achieve the worldwide $7-billion mark year to date as of Dec 10.
Additionally, Mary Poppins Returns raked in $23.5 million at the domestic box office last week. Moreover, The Avengers: Infinity War had made a whopping $258 million domestically on the opening weekend itself. Further, Disney’s Black Panther alone generated $700 million in domestic sales to become the third-highest blockbuster in the United States.
Black Panther and Avengers: Infinity War also significantly contributed to fourth-quarter fiscal 2018 Studio Entertainment revenues, which surged 50.2% year over year to $2.2 billion. Further, Disney’s line-up for the next year, including Captain Marvel, Dumbo, Aladdin, The Lion King, Toy Story 4 and the next Avengers film, is expected to deliver yet another year of massive hits.
The Walt Disney Company Revenue (TTM)
Zacks Names "Single Best Pick to Double"
From thousands of stocks, 5 Zacks experts each have chosen their favorite to skyrocket +100% or more in months to come. From those 5, Director of Research Sheraz Mian hand-picks one to have the most explosive upside of all.
It’s a little-known chemical company that’s up 65% over last year, yet still dirt cheap. With unrelenting demand, soaring 2022 earnings estimates, and $1.5 billion for repurchasing shares, retail investors could jump in at any time.
This company could rival or surpass other recent Zacks’ Stocks Set to Double like Boston Beer Company which shot up +143.0% in little more than 9 months and NVIDIA which boomed +175.9% in one year.
Free: See Our Top Stock and 4 Runners Up >>
On Jan 03, we issued an updated research report on Disney (DIS - Free Report) .
Disney, together with its subsidiaries and affiliates, is one of the world’s largest diversified entertainment companies. The company’s assets span across movies, television, publishing and theme parks.
Notably, Disney beat the Zacks Consensus Estimate in three of the trailing four quarters, delivering average positive surprise of 8.52%.
However, the company has lost 4.7% over the past year compared with the industry’s decline of 2.8%.
Factors Influencing the Stock
Disney’s popular content slate is aiding portfolio strength. The company’s animation flick Ralph Breaks the Internet reached the zenith of the top 10 weekend domestic box-office estimates. This helped Disney achieve the worldwide $7-billion mark year to date as of Dec 10.
Additionally, Mary Poppins Returns raked in $23.5 million at the domestic box office last week. Moreover, The Avengers: Infinity War had made a whopping $258 million domestically on the opening weekend itself. Further, Disney’s Black Panther alone generated $700 million in domestic sales to become the third-highest blockbuster in the United States.
Black Panther and Avengers: Infinity War also significantly contributed to fourth-quarter fiscal 2018 Studio Entertainment revenues, which surged 50.2% year over year to $2.2 billion. Further, Disney’s line-up for the next year, including Captain Marvel, Dumbo, Aladdin, The Lion King, Toy Story 4 and the next Avengers film, is expected to deliver yet another year of massive hits.
The Walt Disney Company Revenue (TTM)
Zacks Names "Single Best Pick to Double"
From thousands of stocks, 5 Zacks experts each have chosen their favorite to skyrocket +100% or more in months to come. From those 5, Director of Research Sheraz Mian hand-picks one to have the most explosive upside of all.
It’s a little-known chemical company that’s up 65% over last year, yet still dirt cheap. With unrelenting demand, soaring 2022 earnings estimates, and $1.5 billion for repurchasing shares, retail investors could jump in at any time.
This company could rival or surpass other recent Zacks’ Stocks Set to Double like Boston Beer Company which shot up +143.0% in little more than 9 months and NVIDIA which boomed +175.9% in one year.
Free: See Our Top Stock and 4 Runners Up >>
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