What's Going On With Disney Shares
Portfolio Pulse from Henry Khederian
Walt Disney Co (NYSE:DIS) shares are trading higher by 0.39% to $89.22. The rise is attributed to the company engaging former executives Kevin Mayer and Tom Staggs as advisors to CEO Bob Iger for the company's legacy television businesses, including ESPN. The company's second-quarter earnings report is expected on August 9, with an expected EPS of $1.01 on revenue of $22.547 billion.
August 04, 2023 | 9:19 am
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POSITIVE IMPACT
Disney's stock is trading higher due to the engagement of former executives as advisors. The upcoming Q2 earnings report could also influence the stock's performance.
The engagement of former executives as advisors is seen as a positive move, leading to a rise in Disney's stock. The upcoming Q2 earnings report, if positive, could further boost the stock.
CONFIDENCE 85
IMPORTANCE 75
RELEVANCE 100