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DIS
New York Post
9 days

Disney profit boosted by ‘Moana 2' — but streaming subscribers expected to drop

1. Disney's EPS rose 44% to $1.76, exceeding estimates. 2. Moderate decline in Disney+ subscribers forecasted after recent price increase. 3. Hurricanes and cruise ship costs affected domestic parks' profits. 4. Moana 2 exceeded $1 billion in box office performance. 5. ESPN addition to Disney+ boosts engagement and profitability.

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FAQ

Why Neutral?

While earnings surpassed estimates, subscriber declines and park issues may weigh on sentiment. Similar situations in past quarters have led to stock volatility.

How important is it?

Earnings reports are crucial for price movements, but mixed signals temper overall importance. Historical performances post-earnings have shown both positive and negative trends.

Why Short Term?

Immediate market reaction may be influenced by subscriber news and park earnings. Historical data shows quick price adjustments following earnings reports.

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