Disney Q4 Earnings Surpass Estimates, Revenues Increase Y/Y
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Disney's Q4 fiscal 2024 results exceeded expectations, with growth in Disney+ subscribers and Media and Entertainment Distribution businesses, leading to increased revenues year-over-year.
November 15, 2024 | 6:00 pm
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Disney's Q4 fiscal 2024 earnings surpassed estimates, driven by an increase in Disney+ subscribers and growth in its Media and Entertainment Distribution segment, resulting in higher year-over-year revenues.
The positive earnings surprise and growth in key business segments like Disney+ and Media and Entertainment Distribution are likely to boost investor confidence and positively impact Disney's stock price in the short term.
CONFIDENCE 95
IMPORTANCE 90
RELEVANCE 100