Walt Disney Co. (DIS) Stock Rebounds After Earnings—Is Disney Still Undervalued?

TLDR DIS stock rebounded after Disney’s adjusted earnings beat analyst forecasts, despite a slight revenue miss. Disney’s revenue increased 7%, while segment operating income rose 21% and free cash flow climbed 63%. Domestic park attendance grew 3%, and guest spending increased 4% during the quarter. Disney’s streaming operating income more than doubled to $712 million [...]

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