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Here's what major analysts thought of Disney's earnings-related drop: 'Back up the truck'

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New for subscribers: Here's what major analysts thought of Disney's earnings-related drop: 'Back up the truck'. Check out CNBCPro today.

Disney's results left the stock down 4% in premarket trading; however, many on Wall Street said now is a good time to buy the dip in the stock.

Disney earned 79 cents per share, well above the 27 cents per share expected by Wall Street, according to Refinitiv. The company made $15.61 billion in revenue, missing estimates of $15.87 billion. The company missed on subscriber estimates for Disney+, coming in at 103.6 million paid subscribers. It was expected to post 109 million, according to FactSet. This print fell below the pace required to reach Disney's 2024 goal, but the company

 

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