Disney posted a profit ahead of Wall Street targets, but revenue lagged estimates and the stock fell 2% late yesterday. Larry Haverty, associate portfolio manager at Gabelli Global Multimedia Trust, shares his analysis and outlook for the company with CNBCs Carl Quintanilla.
Disneys earnings were not affected by the slowdown in consumer spending, according to Evan Wilson, Pacific Crest Securities entertainment analyst. He shares his analysis with CNBCs Erin Burnett.
Disneys earnings results beat Wall Street expectations, with Heath Terry, Credit Suisse media and internet analyst; and CNBCs Julia Boorstin and Maria Bartiromo.
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