If you're seeking a strong stock in the entertainment area, look no further than Walt Disney case Co (NYSE: DIS), a company that showed up famous for its latest earnings report.
The Disney iPhone 5 case produtcions is trading at all-time grand, and even the measles haven't had the oppertunity to put a damper on Disney's shares. But for several reasons, My spouse and i DIS stock is going even superior.
Dazzling Earnings: Disney posted first-quarter revenues of $13. 4 million, up 9% over the year-ago period's $12. 3 billion. In addition , return rose from $1. 03 in each share to $1. 27, an improvement of 23% year-over-year. Analysts point out those numbers are some of the most extraordinary in Disney's history.
Not surprisingly, product or service was a major money-maker for DIS, increasing 22% for the quarter to find a tune of $1. 4 million. It's also no surprise that the juggernaut know as Frozen led the way living in consumer product sales. Although Frozen was published in November 2013, merchandise concerning the movie continued to make DIS day-to-day money throughout last year, amounting to a 7 percent increase in all consumer products for these year.
Disney's largest segment — television and cable networks — way too improved, with Q1 revenues together 11% YOY to $5. 1 billion, and Disney theme park gross income advanced 9% to $3. 7 billion.
DIS Has Hit some Entertainment Jackpot: It's not an overstatement to say that the movie Frozen has been a phenomenon, one of the biggest movies of all time. DIS has not only cashed in on the drive-in, but also the merchandising that goes by using it. There are Frozen lunch lutte, action figures, even Frozen Halloween costumes. Many little girl wants to be Elsa since Annabelle.
But that's not the final of the Frozen story. DIS secure expected to release a related short film, Halted Fever, later this year. The continued Frozen 2 is expected living in 2016. And if the excitement your still surrounds Frozen is a indication, the next installment of the drive-in franchise should be another cash cow for Disney.
The Disney Pointe and Brand: There is perhaps none other American entertainment company as loved as DIS. Characters like Disney characters with reallly big ears and Minnie have been around for decades and have being cultural phenomena not just in the United States, but yet around the world. Children, parents and grandpa and grandma all know the DIS brand combined with understand what it stands for: good vintage "American" values. That's why residence theme parks are constantly rich despite hundred-dollar tickets, and precisely Disney merchandise still kills the car on retail shelves.
As long as some world's thirst for diversions throughout the forms of movies, television and composite continues — and it will — some sky is the limit for this gusto giant.
As of this writing, Will Emerson to be able to hold a position in any of the aforesaid securities.
No comments:
Post a Comment