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More on Disney's FQ1: Growth was fueled a 10% Y/Y revenue increase for the Parks & Resorts...

More on Disney's FQ1: Growth was fueled a 10% Y/Y revenue increase for the Parks & Resorts division, and hurt by declines of 16% and 10%, respectively, for the Studio Entertainment and Interactive Media (gaming) divisions. After respectively growing 9% and 14% in FQ4, the Media Networks and Consumer Products divisions only grew 3% each. A 7% drop in broadcasting revenue (ABC) hurt Media Networks. DIS -2% AH. (PR)
Comments (2)
  • vphibbs
    , contributor
    Comments (140) | Send Message
     
    I'm a bit disappointed but have a nice gain that I'm still holding until tomorrow. Not the results predicted but I expected that. I just hope the price of fuel doesn't go up this Summer but everyone on CNBC is saying it will.
    7 Feb 2012, 05:33 PM Reply Like
  • deercreekvols
    , contributor
    Comments (5693) | Send Message
     
    No worries on this news. Disney is a long-term stock to hold, in my opinion. Park and resort attendance will be on the up-tick this spring and summer. Disney ran a great deal last spring when they included meal plans with resort reservations.
    I see Disney continuing to climb.
    ESPN and the Disney tv channels are strong and there are movies due to be released that should boost income on the media front.
    I agree the numbers are a little disappointing, but there is not enough in them to sell this winner, in my opinion.
    7 Feb 2012, 07:14 PM Reply Like
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