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OFFICIAL NEWS Disney shares Rise

Discussion in 'SWNN News Feed' started by Jorgz, Nov 11, 2017.

  1. Jorgz

    Jorgz Rebel General

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    Disney Shares are rising friday The media reported weaker-than-expected fiscal fourth-quarter earnings Thursday. It generated earnings per share of $1.07 versus the $1.12 Thomson Reuters consensus estimate. But analysts got excited after the company said it would price its upcoming streaming service "substantially below" Netflix during the earnings conference call.

    The stock rose 3 percent Friday morning Disney has underperformed the market this year with its shares down 1.5 percent in 2017 through Thursday, compared with the S&P 500's 15.5 percent return.
     
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