Warner Brothers Discovery posted a second-quarter profit while revenue edged up, delivering results above Wall Street’s estimates as the company and industry at large continue to deviate away from the linear TV business https://t.co/CxXnvF3mic ...

Let's take a look at what these Wall Street heavyweights have to say about Walt Disney (DIS) before we discuss the reliability of brokerage recommendations and how to use them to your advantage. Disney currently has an average brokerage recommendation (ABR) of 1.41, on a scale of 1 to 5 (Strong Buy to Strong Sell), calculated based on the actual recommendations (Buy, Hold, Sell, etc.) made by 28 brokerage firms. An ABR of 1.41 approximates between Strong Buy and Buy. Of the 28 recommendations that derive th ...

Core Insights - Live Ventures Incorporated reported improved operational performance across all four operating segments in the third quarter of fiscal year 2025, despite challenges in the new home construction and home refurbishment markets [3][4][5] - The company achieved a significant increase in Adjusted EBITDA, more than doubling from $6.1 million to $13.2 million, reflecting effective cost management and operational optimization [5][11][37] Financial Summary for Q3 Fiscal Year 2025 - Revenue decreased by 9.2% to approximately $112.5 million compared to $123.9 million in the prior-year period, primarily due to declines in the Retail-Flooring and Steel Manufacturing segments [7][8] - Operating income surged by 607.6% to $8.0 million, up from $1.1 million in the prior-year period, driven by increased revenue in the Retail-Entertainment segment and reduced expenses [8][9] - Net income increased to $5.4 million from a net loss of $2.9 million in the prior-year period, with diluted earnings per share rising to $1.24 [10][8] - Gross margin expanded to 34.0%, a 410 basis point improvement from 29.9% in the prior-year period [8][4] Segment Performance - **Retail - Entertainment**: Revenue increased by 15.2% to approximately $19.0 million, with operating income rising to approximately $2.3 million [16] - **Retail - Flooring**: Revenue decreased by 17.9% to approximately $30.4 million, with an operating loss of approximately $0.7 million, improved from a loss of $1.5 million in the prior-year period [17] - **Flooring Manufacturing**: Revenue decreased by 5.7% to approximately $29.5 million, but operating income increased to approximately $4.1 million from $1.9 million [18] - **Steel Manufacturing**: Revenue decreased by 13.8% to approximately $33.6 million, with operating income rising to approximately $2.3 million from $1.4 million [19] Financial Summary for Nine Months Ended June 30, 2025 - Total revenue decreased by 8.1% to approximately $331.1 million compared to $360.1 million in the prior-year period, with declines in Flooring Manufacturing, Retail-Flooring, and Steel Manufacturing segments [22][24] - Operating income increased by 183.2% to approximately $10.9 million, driven by lower expenses and improved performance in the Retail-Entertainment segment [25] - Net income for the nine months was approximately $21.7 million, with diluted earnings per share at $4.97, compared to a net loss of approximately $6.8 million in the prior-year period [26][24] - Adjusted EBITDA for the nine months increased by 31.7% to approximately $25.4 million, reflecting improved operational performance [27] Segment Results for Nine Months Ended June 30, 2025 - **Retail - Entertainment**: Revenue increased by 9.0% to approximately $58.8 million, with operating income of approximately $8.2 million [31] - **Retail - Flooring**: Revenue decreased by 13.4% to approximately $89.5 million, with an operating loss of approximately $5.6 million [32] - **Flooring Manufacturing**: Revenue decreased by 9.9% to approximately $85.3 million, with operating income of approximately $5.5 million [34] - **Steel Manufacturing**: Revenue decreased by 9.7% to approximately $97.4 million, with operating income of approximately $5.6 million [35]

Heard on the Street: Parks and cruises are helping Disney, but companywide profit margins are still well below the cable bundle’s heyday https://t.co/wVAqg0XjvI ...

Core Insights - The Walt Disney Company reported third-quarter fiscal 2025 adjusted earnings of $1.61 per share, exceeding the Zacks Consensus Estimate by 10.3% and reflecting a year-over-year increase of 15.8% [1] - Revenues for the quarter rose 2.1% year over year to $23.6 billion, slightly missing the consensus mark by 0.1% [1] Segment Details - Media and Entertainment Distribution revenues, accounting for 45.3% of total revenues, increased 1.2% year over year to $10.7 billion [2] - Linear Networks revenues declined 14.7% year over year to $2.27 billion, while Direct-to-Consumer revenues grew 6.4% year over year to $6.17 billion [2] - Content Sales/Licensing and Other revenues rose 6.9% year over year to $2.25 billion [2] - Parks, Experiences and Products revenues, making up 38.4% of total revenues, increased 8.3% year over year to $9.08 billion, with domestic revenues up 10% to $6.4 billion and international revenues up 5.6% to $1.69 billion [3] Subscriber Details - As of June 28, 2025, Disney+ had 127.8 million paid subscribers, up from 126 million as of March 29, 2025 [4] - Domestic Disney+ average monthly revenue per paid subscriber increased 0.4% sequentially to $8.09, while international average monthly revenue rose 2% to $7.67 [4] Operating Details - Total costs and expenses increased 1% year over year to $20 billion, with segmental operating income rising 8.3% to $4.57 billion [6] - Media and Entertainment Distribution's segmental operating income fell 14.9% year over year to $1.02 billion, primarily due to lower results in Linear Networks and Content Sales/Licensing [6] - Parks, Experiences and Products' operating income increased 13.2% year over year to $3.51 billion [9] Balance Sheet - As of June 28, 2025, cash and cash equivalents were $5.36 billion, down from $5.85 billion as of March 29, 2025 [11] - Total borrowings were $42.2 billion, a decrease from $42.9 billion as of March 29, 2025 [11] - Free cash flow for the quarter was $1.88 billion [11] Guidance - For the fourth quarter of fiscal 2025, Disney expects total Disney+ and Hulu subscriptions to increase by over 10 million, with most growth coming from Hulu [12] - The company projects adjusted earnings per share of $5.85 for fiscal 2025, an 18% increase over fiscal 2024 [13] - Direct-to-Consumer operating income is expected to reach $1.3 billion, with overall double-digit percentage growth anticipated for the Entertainment segment [13]

The WWE had long been expected to reap rewards for its lineup of 10 annual “premium live events” like Wrestlemania, but its $1.6 billion rights deal with ESPN unveiled Wednesday is drawing some extra attention on Wall Street. The agreement, whose financial terms were confirmed to Deadline by a source familiar with the details, succeeds a landmark pact with NBCUniversal’s Peacock. Despite raves in some corners, the deal has not managed to boost the stock of WWE parent TKO Group Holdings. Its shares declined ...

Core Viewpoint - Live Nation Entertainment, Inc. (LYV) is expected to report its second-quarter 2025 results on August 7, with an earnings surprise of 5.9% in the last quarter [1] Group 1: Q2 Estimates - The Zacks Consensus Estimate for second-quarter earnings per share is $1.01, reflecting a year-over-year decline of 1.9% [2] - Revenue estimates for the quarter are projected at $6.8 billion, indicating a year-over-year increase of 12.8% [2] Group 2: Factors Influencing Q2 Results - Strong demand for concerts, including high-profile tours, is likely to have positively impacted revenue, with global ticket sales increasing by 22% early in the second quarter [3] - Management anticipates that approximately two-thirds of fan growth will occur in the second half of 2025, contributing to revenue performance [3] - Increased attendance at owned or operated venues is expected to generate additional revenue from parking, concessions, and onsite spending [4] - Enhancements in fan experience through broader menu options and premium offerings are anticipated to boost per-fan revenue metrics [4] - Concert revenues are predicted to rise by 15.1% year over year to $5.7 billion, with Sponsorship and Advertising and Ticketing revenues expected to increase by 12.5% and 3.3%, respectively [5] Group 3: Cost Considerations - Rising labor-hiring costs, artist activation costs, and other operational expenses are likely to negatively impact LYV's bottom line [6] - The company is facing increased venue costs and service fees, with caution regarding cost overruns related to the development and expansion of live music venues [6] Group 4: Earnings Prediction - The model predicts an earnings beat for Live Nation, supported by a positive Earnings ESP of +1.55% and a Zacks Rank of 3 (Hold) [7][8] - The combination of these factors increases the likelihood of an earnings surprise in the upcoming report [7]

Entertainment giant Disney, which is counting on its streaming and theme-park businesses to drive growth, raised its profit forecasts for the fiscal year https://t.co/w11EifAMuq ...

Stock Performance & Expectations - Disney's stock had a positive run in the last six months, leading to high expectations for earnings and guidance [2][3] - The market may have already priced in the expected outperformance, resulting in a "sell on the news" reaction [3][4] - Disney's stock price ten years ago was at the same level as the current price, indicating a decade of stagnation [6] Strategic Transformation & ESPN - Disney is potentially setting the stage for a strategic transformation, with Iger's last year being 2026 [6][7] - Disney is positioning ESPN for a potential separation from the rest of the company in the next 12-18 months [7] - Key moves include launching a direct-to-consumer ESPN service, adding NFL content, and securing deals with the NBA and WWE [7] Deals & Partnerships - The market initially reacted positively to the ESPN and NFL media deal [5] - The speaker expresses surprise that there isn't more excitement around the WWE deal and the NFL deal [4]

Barron’s recently had a piece on Walt Disney Co (NYSE:DIS), in which they point out that the stock price is flat over the past ten years. That, of course, is an awful return in which you would have been just as well putting the money under a mattress. When you include dividends, the 10-year stock return is close to 10%, but that still pales in comparison to the S&P 500 Index (SPX), which has returned over 200% from 10 years ago.I will not be speculating on theme park demand, ESPN subscriber growth, or anyth ...