Disney Beats Q1 2024 Estimates, Hikes Dividend By 50%
The Walt Disney Company (NYSE: DIS) announced its fiscal first-quarter earnings on Wednesday, delivering results that surpassed Wall Street expectations. Despite stagnant revenue, the media giant reported better-than-expected earnings, buoyed by significant cost-cutting measures and strategic investments in its streaming and entertainment businesses. According to Disney’s financial report, revenue fell slightly short at $23.55 billion … Continue reading Disney Beats Q1 2024 Estimates, Hikes Dividend By 50%
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