Disney: Earnings Guidance Is Encouraging, A Buy From Here

  • Disney is a buy: the next decade will be much stronger than the last, with parks and streaming businesses rebounding impressively. Recent earnings beat expectations across revenue, EPS, cash flow, and Disney+ subscribers, with double-digit EPS growth guided for the coming years. The new Abu Dhabi theme park is a major growth catalyst, expanding Disney's reach to hundreds of millions of potential new customers.