Here's How to Play Disney (DIS) Post Q3 Streaming Profitability
Disney(DIS) ZACKS·2024-08-08 15:51
Disney (DIS) achieved a major milestone in its pivot toward the streaming era. The company’s streaming services segment turned profitable for the first time in the third quarter of fiscal 2024, ahead of its prior expectations of achieving profitability in the fourth quarter. This is a significant development that has sent shockwaves through the media industry and has investors questioning whether now is the time to buy Disney's stock. (Read More: Disney Q3 Earnings Beat Estimates, Revenues Rise Y/Y)Disney's ...