Disney's Experiences Generated $3 Billion in One Quarter. Here's Why the Market Is Still Pricing It as a Value Stock.
People continue to flock to Disney's theme parks and take cruise vacations on its ships -- so why isn't the stock trading higher?
People continue to flock to Disney's theme parks and take cruise vacations on its ships -- so why isn't the stock trading higher?
BELLINGS Intelligence Score: 10
Why it matters
Disney reporting $3 billion operating profit from its experiences segment is notable business performance but represents routine corporate earnings information without direct impact on credit markets or lending conditions.
Sources
The Motley Fool
Disney's Experiences Generated $3 Billion in One Quarter. Here's Why the Market Is Still Pricing It as a Value Stock.
People continue to flock to Disney's theme parks and take cruise vacations on its ships -- so why isn't the stock trading higher?
Nasdaq
Disney's Experiences Generated $3 Billion in One Quarter. Here's Why the Market Is Still Pricing It as a Value Stock.
Key PointsDisney's "experiences" business segment just posted record quarterly revenue and a $3 billion operating profit.