Focus on Disney ETFs Post Q2 Earnings

On May 7, the Walt Disney Company (DIS) reported second-quarter fiscal 2024 adjusted earnings of $1.21 per share, which beat the Zacks Consensus Estimate by 8.04% and increased 30.1% year over year. Revenues rose 1.2% year over year to $22.08 billion but missed the consensus mark by 0.23%.Disney's Segment BreakdownMedia and Entertainment Distribution revenues, which constitute about 44.4% of the top line, decreased 5% year over year to $9.79 billion. Operating income of the segment, surged 71.6% year over y ...