Disney slumps as earnings and sales miss expectations despite box-office hits

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Disney reported third quarter financial results after the closing bell on Tuesday that missed Wall Street's expectations.

Disney reported third-quarter financial results after the market close on Tuesday that missed analyst expectations for both revenue and profit. The conglomerate's movie studio reported revenue of $3.86 billion during the period, falling short of the $4.56 billion estimate from analysts. Shares of Disney fell 4% on the results. Watch Disney trade live. Visit the Markets Insider homepage for more stories.

Disney reported third-quarter financial results after the market close on Tuesday that missed analyst expectations for both revenue and profit. The conglomerate's movie studio reported revenue of $3.86 billion during the period, falling short of the $4.56 billion estimate from analysts. Shares of Disney fell 4% on the results. Watch Disney trade live. Visit the Markets Insider homepage for more stories.

 

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That's part of what tariff and inflation does..it sucks the extra money out of everybody's pocket..people who love to spend now have less to spend and those who have more are so few in numbers it doesnt help anybody stay afloat.

Nobody expected Lion King to be so mediocre. It really killed the summer movie lineup. No good releases for weeks because everybody expected LK to carry multiple weeks.

Lol and as pedophiles keep getting rehired as directors.

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