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benzinga.com
4 days

US Stocks Mixed; Walt Disney Posts Upbeat Earnings - Aurora Cannabis (NASDAQ:ACB), Walt Disney (NYSE:DIS)

1. Disney's Q1 earnings exceeded expectations at $1.76 per share. 2. Quarterly sales reached $24.70 billion, surpassing estimates of $24.62 billion. 3. Overall U.S. stocks traded mixed, but communication services fell 2.6%. 4. Utilities shares gained, while Disney's positive results contrast sector performance.

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FAQ

Why Bullish?

Disney's strong earnings and sales indicate business resilience and potential for growth.

How important is it?

Earnings results significantly affect investor confidence and stock valuation for DIS.

Why Short Term?

Immediate positive market sentiment could elevate DIS stock in the near term.

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