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Disney's 'Elio' Posts Worst Pixar Opening: Here's Why Media Giant Likely Isn't Worried
Benzinga· 2025-06-23 16:26
Core Insights - The latest Pixar film "Elio" has underperformed at the box office, grossing $21 million domestically during its opening weekend, marking the worst opening for a Pixar film in modern history [1][2] - The film's total worldwide gross for the opening weekend was $35 million, including $14 million from international markets [2] - "Elio" is the only Pixar film scheduled for release in 2025, which may negatively impact Disney's comparable sales against the successful 2024 film "Inside Out 2," which grossed $1.69 billion worldwide [2] Box Office Performance - "Elio" ranked third at the box office, behind "28 Years Later" and "How to Train Your Dragon," which grossed $37 million in its second weekend, contributing to a total of $160.4 million domestically [1][3] - Five of the top ten grossing films in 2025 are kid-friendly, with "A Minecraft Movie" leading at $423.9 million and Disney's live-action "Lilo & Stitch" at $386.7 million [4][5] Future Outlook - Despite the disappointing opening of "Elio," Disney has a strong lineup of upcoming films, including "The Fantastic Four: First Steps," "Tron: Ares," "Zootopia 2," and "Avatar: Fire and Ash," which could bolster box office performance in the second half of 2025 [8][9] - Disney has already surpassed $1 billion at the domestic box office year-to-date in 2025 and aims to reach the $2 billion milestone for the second time since 2019 [7][8] Stock Performance - Disney's stock was trading down 1.07% at $116.37, with a year-to-date increase of 5.7% and a 14.8% rise over the last year [10]
Comcast's Q1 Earnings Surpass Estimates, Revenues Decline Y/Y
ZACKS· 2025-04-24 20:00
Comcast (CMCSA) reported first-quarter 2025 adjusted earnings of $1.09 per share, which beat the Zacks Consensus Estimate by 11.22% and increased 4.8% year over year.Consolidated revenues decreased 0.6% year over year to $29.88 billion. The figure beat the Zacks Consensus Estimate by 0.69%.Quarter Details of CMCSAConnectivity & Platforms revenues (67.4% of revenues) declined 0.7% year over year to $20.13 billion in the reported quarter. Under the segment, Residential Connectivity & Platforms revenues decrea ...