To follow up on my post yesterday - AI and Disney $DIS results.
According to the results released for the second quarter of fiscal year 2023, The Walt Disney Company posted a 4% year-over-year increase in revenue to $22.3 billion (narrowly missing estimates). Net income per share excluding extraordinary items was $1.03, down 6% from $1.09 last year.
...AI sees it clearly with Disney's $DIS results, saying it has as much as a 77% chance of beating EPS estimates, while giving "only" a 37% chance of beating on revenue.
That's how the analysts see it 👇
The consensus revenue figure is set at $22.44 billion, suggesting a 4.34% growth from the previous quarter. For EPS, they are counting on $0.99.
Jj as you Paul's first comment, I too would be more inclined to drop the price since I've read about the decline in their users. I have $DIS liked and invested, with the eventual drop I will be buying further. However, the AI rating looks interesting and it would be nice if it worked out, I might think about doing something speculative on it tonight before the close. 🤔 ...I wonder what the camps are, how many people are expecting what.
Interesting information and I didn't even know about this, however I recently bought $DIS stock and thus this information makes me happy.
I didn't expect anything else and that's why I was also increasing my position. Bob Iger has certainly earned and enjoyed a well-deserved retirement and yet he still has the motivation to take this company even further than he did in his previous tenure. While I am under no illusions and suspect that the money offered still plays a role for him, I suspect that it is more important for him in the current situation to show that he still has it and Disney will outlive us all.
But it's going to take a lot of work to do that, especially on content, because that's what matters in the first place and if you have mediocre service and product, even the best management has no chance of saving you from encroaching competition.
The companies you listed have been on sale for a long time. I guess I'm fine with this situation, I'll just keep shopping cheap. I bought another $PFE today. Thanks for the recap!
These are the three biggest streaming platforms that have been competing quite a bit in recent years.
While$WBD competes with Netflix and Disney, I don't like the stock of this company at all. Over its entire history, the stock has been in the negative, which is not pretty at all, and it pays no dividend. Thus, I don't see much potential with this company...
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AI! The most talked about topic in the investment world lately. We had a crazy tech rally during covid. When the pandemic ended, inflation and interest rates rose and the tech. mega rally was extinguished.
Now we have a new rally!
ChatGPT has left investors feeling exuberant. And a new rally is in full swing as all sorts of future AI opportunities are priced in.
That's why I've...
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Nicely summed up and I'll join the Applaks here 😂 I also think they'll come up with something later when it's a blast
Hey investors, have a great weekend.
I was wondering what stocks you bought and sold last time and if so why.
I last bought $MMM as the stock dropped below $100, however this is a stock I normally buy every month as well. I have also been buying shares of $DIS as it is at a nice price and I also see potential in this company.
As far as selling goes, I recently sold a few shares of...
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I see this $MMM is very much on course as it went under $100. It's a nice price for a company like that, but I'm still scared of the lawsuits they have and the general nature of them. It's no small thing and the question is, when everything "dies down" will they not continue to incur such damage to their production? ... Otherwise $DIS I also bought in this period and then reits, $O, $WPC...the sale has been made except $PBR total is climbing now and I will wait with this company then again if it doesn't fall.
Have a nice Tuesday,
I see this week as more of an observation week. A lot of stocks of interest to me are more at their highs like $AAPL (although it went down slightly after the conference). And the ones that went down a bit like $DIS I overbought in May.
Are you going to overbought something, take profits, or are you having more of an observation week too?
I have reinvested the last 2 months dividends into $BTI, at those prices it's a nice piece for the portfolio.
$DIS Disney+ will be available on Apple's 'Vision Pro' device on day one! As presented, you will be able to watch your favorite shows in an immersive environment and also bring other Disney experiences right into your home.
"We're very proud to once again partner with the world's largest storytelling company to bring the magic of real life to you. These are just a few of the...
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Great news, Apple is worth working with and it just shows that $DIS is a force to be reckoned with in the future. 😊I've already bought one.
The results are fine for me, nothing great but it wasn't a disaster either. Otherwise, I own shares of $DIS and believe the stock will rise.