Reported 7 days ago
Following a robust fiscal fourth quarter, Disney (DIS) exceeded analysts' earnings expectations, with CEO Bob Iger emphasizing the company's rebound from recent challenges. Disney reported an adjusted earnings per share of $1.14 on revenues of $22.57 billion, surpassing forecasts. While investment firms reacted positively to the performance, some analysts raised concerns regarding Disney's balance sheet health. Notably, Bank of America maintained a buy rating with a target of $120, while Goldman Sachs set a target of $125, reflecting optimism about future growth despite existing financial hurdles.
Source: YAHOO