- Goldman Sachs notes Disney's (DIS -2.5%) FQ3 was a slight miss on profit if you back out a nickel per share benefit from cable network affiliate revenue that was pulled forward.
- The investment firm also notes affiliate fees for cable networks were slower than it anticipated, 6% Y/Y vs. 11%.
- Overall, Goldman is lukewarm on Disney's upside in the short-term as its sits on a Neutral rating and $69 price target.
From other sites
Video at CNBC.com (Tue, 7:00AM)
at CNBC.com (Sat, 12:04PM)
Video at CNBC.com (Fri, 8:00AM)
at CNBC.com (May 16, 2015)
Video at CNBC.com (May 15, 2015)
ETF Screener: Search and filter by asset class, strategy, theme, performance, yield, and much more
ETF Performance: View ETF performance across key asset classes and investing themes
ETF Investing Guide: Learn how to build and manage a well-diversified, low cost ETF portfolio
ETF Selector: An explanation of how to select and use ETFs