Disney Exceeds Q4 2023 Earnings Expectations Amidst Streaming Success

Disney (NYSE: DIS) exceeded expectations in its recent earnings report, with notable contributions from ESPN+ profitability and continued expansion in theme park revenue. However, a decline in advertising revenue had a dampening effect on the overall financial performance. To address the challenges, Disney announced an increase in cost-cutting measures by an additional $2 billion, aiming … Continue reading Disney Exceeds Q4 2023 Earnings Expectations Amidst Streaming Success