This Day On The Street
Continue to site
ADVERTISEMENT
This account is pending registration confirmation. Please click on the link within the confirmation email previously sent you to complete registration.
Need a new registration confirmation email? Click here

Why Disney (DIS) Stock Is Higher In After-Hours Trading

NEW YORK (TheStreet) -- Shares of The Walt Disney Company (DIS - Get Report) are up 0.18% to $86.91 in after-hours trading following its third quarter earnings results that were ahead of analysts' expectations.

The entertainment company reported a 27% increase in adjusted earnings for the third quarter to $2.24 billion, or $1.28 per share, up from $1.01 per share in the same quarter of 2013, and beating analysts' estimates of $1.17 per share.

Revenue increased 7.6% year-over-year to $12.46 billion for the quarter, higher than the $12.16 billion analysts' expected.

STOCKS TO BUY: TheStreet Quant Ratings has identified a handful of stocks that can potentially TRIPLE in the next 12 months. Learn more.

At Disney-owned sports network ESPN, the company said higher revenue reflected the benefit of the FIFA World Cup soccer tournament.

The growth in consumer product sales tied to its movie "Frozen" boosted Disney's results, helping the company's income in its worldwide home entertainment segment.

Separately, TheStreet Ratings team rates DISNEY (WALT) CO as a Buy with a ratings score of A+. TheStreet Ratings Team has this to say about their recommendation:

"We rate DISNEY (WALT) CO (DIS) a BUY. This is based on the convergence of positive investment measures, which should help this stock outperform the majority of stocks that we rate. The company's strengths can be seen in multiple areas, such as its solid stock price performance, impressive record of earnings per share growth, compelling growth in net income, revenue growth and notable return on equity. We feel these strengths outweigh the fact that the company shows low profit margins."

DIS ChartDIS data by YCharts

STOCKS TO BUY: TheStreet Quant Ratings has identified a handful of stocks that can potentially TRIPLE in the next 12 months. Learn more.

Check Out Our Best Services for Investors

Action Alerts PLUS

Portfolio Manager Jim Cramer and Director of Research Jack Mohr reveal their investment tactics while giving advanced notice before every trade.

Product Features:
  • $2.5+ million portfolio
  • Large-cap and dividend focus
  • Intraday trade alerts from Cramer
Quant Ratings

Access the tool that DOMINATES the Russell 2000 and the S&P 500.

Product Features:
  • Buy, hold, or sell recommendations for over 4,300 stocks
  • Unlimited research reports on your favorite stocks
  • A custom stock screener
Stocks Under $10

David Peltier uncovers low dollar stocks with serious upside potential that are flying under Wall Street's radar.

Product Features:
  • Model portfolio
  • Stocks trading below $10
  • Intraday trade alerts
14-Days Free
Only $9.95
14-Days Free
Dividend Stock Advisor

David Peltier identifies the best of breed dividend stocks that will pay a reliable AND significant income stream.

Product Features:
  • Diversified model portfolio of dividend stocks
  • Updates with exact steps to take - BUY, HOLD, SELL
Trifecta Stocks

Every recommendation goes through 3 layers of intense scrutiny—quantitative, fundamental and technical analysis—to maximize profit potential and minimize risk.

Product Features:
  • Model Portfolio
  • Intra Day Trade alerts
  • Access to Quant Ratings
Options Profits

Our options trading pros provide over 100 monthly option trading ideas and strategies to help you become a well-seasoned trader.

Product Features:
  • Actionable options commentary and news
  • Real-time trading community
SYM TRADE IT LAST %CHG
DIS $115.31 -0.34%
FB $85.81 -2.00%
GOOG $517.56 -1.00%
TSLA $264.69 -5.40%
YHOO $37.63 -2.50%

Markets

DOW 17,555.80 -127.78 -0.72%
S&P 500 2,052.73 -16.03 -0.77%
NASDAQ 4,923.2060 -68.7340 -1.38%

Free Reports

Top Rated Stocks Top Rated Funds Top Rated ETFs