Disney Stock Drops on Earnings Miss but Don’t Bet Against It

The Walt Disney Company reported third-quarter earnings on Tuesday. Despite some very impressive numbers, earnings were hurt by the digestion of Fox Studios and costs associated with its new streaming service. Let’s look at the headline numbers and dive into the most important metrics to see where Disney had trouble and what to expect from […]

The post Disney Stock Drops on Earnings Miss but Don’t Bet Against It appeared first on CCN Markets

Source: https://www.ccn.com/op-ed/disney-stock-drops-on-earnings-miss-but-dont-bet-against-it/2019/08/06/

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