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Disney’s Winning Streak Continues With Unique Ability To Leverage Content

August 12, 2023
in Trade Tube
Reading Time: 1 min read
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Disney shares moved higher on Tuesday after the entertainment giant posted profits $1.11 a share on $11.65 billion in revenues, handily beating analysts’ expectations. Disney delivered the highest quarterly earnings for each share in the history of the company. Disney’s offerings span the entertainment spectrum, from movie studios to theme parks. Analysts say what has really set Disney apart is their ability to take untapped groups of content and turn them into marketable franchises. TheStreet’s Kori Hale reports from Wall Street.

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