The Walt Disney Company (DIS -0.42%) reported its fiscal 2022 third-quarter earnings on August 10. Impressively, The House of Mouse surpassed Netflix (NFLX 0.75%) in total subscriptions. Moreover, Disney's segment that includes its theme parks are thriving as consumers unleash pent-up demand for away-from-home experiences. In this video, I discuss Disney's Q3 figures and give the company a grade on its results.
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Disney's Stock Is on Fire After It Passes Netflix in Total Subscriptions
By Parkev Tatevosian, CFA
–
Aug 22, 2022 at 1:02PM
NYSE: DIS
Walt Disney
Market Cap
$211B
Today's Change
(-0.42%) -$0.49
Current Price
$116.50
Price as of December 5, 2024, 4:00 p.m. ET
It might only be by a slight margin, but Disney is now the streaming industry's leader in total subscriptions.
Parkev Tatevosian has positions in Walt Disney and has the following options: long January 2024 $105 calls on Walt Disney. The Motley Fool has positions in and recommends Netflix and Walt Disney. The Motley Fool recommends the following options: long January 2024 $145 calls on Walt Disney and short January 2024 $155 calls on Walt Disney. The Motley Fool has a disclosure policy. Parkev Tatevosian is an affiliate of The Motley Fool and may be compensated for promoting its services. If you choose to subscribe through fool.com/parkev, he will earn some extra money that supports his channel. His opinions remain his own and are unaffected by The Motley Fool.
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