Disney Q4 Earnings: What's Driving The Comeback (Rating Upgrade)
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Disney's Q4 earnings report shows a strong performance, with a surge in Disney+ subscribers due to the ad-supported tier. This has led to Disney+ becoming profitable and boosting Disney's overall performance.
November 15, 2024 | 6:15 pm
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Disney's Q4 earnings report highlights a strong performance, driven by a surge in Disney+ subscribers due to the ad-supported tier. This has led to Disney+ becoming profitable and boosting Disney's overall performance.
The strong Q4 earnings and the profitability of Disney+ due to the ad-supported tier are significant positive indicators for Disney's financial health. The increase in subscribers and profitability suggests a successful strategy in attracting cost-conscious consumers, which is likely to positively impact Disney's stock price in the short term.
CONFIDENCE 95
IMPORTANCE 90
RELEVANCE 100