Disney's Q2 Earnings Sparkle With Shares Still Trading At An Undervaluation

RinoCdZ Investment Thesis The Walt Disney Company (NYSE:DIS) produced a pretty solid set of Q2 results where underlying profitability improvements were obscured from view by a massive $2.1 billion one-off impairment. Without the impacts of these charges, Disney would have generated what I believe is a wonderful set of earnings data with multiple operational efficiency improvements along with their DTC business finally becoming profitable helping to bolster net income. The current share price suggests a 2 ...