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Tag Archives: Wall Street analysts

Disney Learns Billion Dollar Lesson: ‘They’ve Got to Cut’

Disney progress by cutting costs

After Disney CEO Bob Iger held his earnings call with investors last week, Wall Street generally saw the positives. What wasn’t there to like? Iger announced that Disney Plus had added subscribers and cost-cutting measures earlier this year, saving the Walt Disney Company an additional $2 billion. Iger touted it as a “new era” for Disney.  And Wall Street responded ...

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Is Disney About to Turn a Corner or Fall Off a Cliff?

Analysts are split on Disney's future

It’s been a big week for Walt Disney Company CEO Bob Iger. The week began with the announcement that ESPN was joining Penn Entertainment in creating ESPN Bet. It will be Disney’s first venture into the world of sports gambling. Analysts initially met it with rave reviews, but upon further inspection, they weren’t sure that Disney/ESPN got the best deal ...

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