Disney's Experiences Segment Justifies Current Valuation, Driving Strong Earnings Growth
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#10d0212a ver:1.1

Disney's Experiences segment justifies its valuation, driving strong earnings growth. Despite a drop in traditional TV and weaker box office performance, Disney's streaming unit showed improvement. Disney+ gained 6 million new subscribers, bringing the total to 117.6 million. CEO Bob Iger expressed optimism about the company's commitment to creative excellence and innovation. The Experiences segment, including parks and resorts, generated $7 billion in operating income in FY 2023. Bireme Capital believes this segment alone justifies Disney's valuation, making the rest of the business available at a discount. #Disney #earnings #streaming...

#newstr #Disney #Stock #Valuation #ExperiencesSegment #StreamingServices #LinearNetworks #Profitability 

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