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Disney (DIS) Stock Analysis: Disney Plus Explodes!
This evening Disney (#DIS) announced a FQ1 earnings beat! The company reported Non-GAAP EPS of $0.32 (beat by $0.66) and revenue of $16.25B (beat by $370M). Shares of #Disney are up +2.2% in post market after reporting, but primarily because investors were excited by the streaming numbers of Disney+.
Subscribers are now counted to be 94.9M vs. 90.7M consensus by analysts. Is now a good time for investors to buy shares of Disney?
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By Financial MoversThis evening Disney (#DIS) announced a FQ1 earnings beat! The company reported Non-GAAP EPS of $0.32 (beat by $0.66) and revenue of $16.25B (beat by $370M). Shares of #Disney are up +2.2% in post market after reporting, but primarily because investors were excited by the streaming numbers of Disney+.
Subscribers are now counted to be 94.9M vs. 90.7M consensus by analysts. Is now a good time for investors to buy shares of Disney?