Disney's flagging sports segment offset by streaming and theme parks - analyst
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Bank of America has reiterated its 'buy' rating on Walt Disney Co shares after the company reported better-than-expected fourth-quarter results. Adjusted earnings per share of $1.14 surpassed BoA's forecasts, and the company's guidance for the upcoming year is positive.
November 14, 2024 | 5:45 pm
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Bank of America has reiterated its 'buy' rating on Disney shares following strong Q4 results, with EPS of $1.14 beating expectations and positive guidance for the year ahead.
The reiteration of a 'buy' rating by Bank of America, coupled with Disney's better-than-expected earnings and positive guidance, suggests a positive short-term impact on Disney's stock price.
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IMPORTANCE 80
RELEVANCE 100