Disney Reaffirms Double-Digit Earnings Growth, Targets $9 Billion in Buybacks. Here’s What Investors Need to Know.
The entertainment giant crushed analyst profitability estimates for its third quarter.
Overview
Walt Disney (NYSE:DIS) delivered the goods on Wednesday morning. The king of the entertainment industry broadcast its fiscal third-quarter results, and investors clearly found much to like about the company’s recent performance and its future potential.
Two items that were particularly appealing were management’s stated goal of —again — increasing its share repurchase target, and its adherence to the existing double-digit growth guidance. Let’s tune in to the quarter.
Image source: Walt Disney.
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Originally published at www.fool.com.
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