Walt Disney (NYSE:DIS) has went past all the speculations and rumors surrounding the company regarding the company not going to make much earnings anymore which it did in the past. Whereas, the company went past the market’s expectations with shares going up by 4 percent, at the closing of the market this week. In the first quarter, Walt Disney (NYSE:DIS) went up by 22 percent on the year to year basis. Analysts’ expectations were that the company will make 1.07 dollar per share, but the result was quite different. Walt Disney (NYSE:DIS)’s shares have been going constantly up since the past one year.
The first quarter brought a surge in Walt Disney (NYSE:DIS)’s top of the line businesses such as media, parks and entertainment, etc. Walt Disney (NYSE:DIS)’s media networks including cable and broadcasting went up by 11 percent. Though there has been a measles outbreak lately, that hasn’t stopped families visiting the Walt Disney (NYSE:DIS) theme parks. The demand for Marvel and Frozen has kept on the surface, still the studio entertainment business dropped down by 2 percent.
The Infinity series wasn’t up to the mark and it reflected from the sales it made. The losses it incurred hurt Walt Disney (NYSE:DIS) not in a major way, but things could have been different had the infinity series turned out to be profitable.
The bottom line segments grew on all 5 fronts. Be it consumer goods or media networks; every department made money on the bottom line. The company’s media networks went up by 2 percent because of the 35 percent growth of the broadcasting business. The studio department on the bottom line also grew by 33 percent thanks to the films Frozen and Guardians of the Galaxy.
Having mentioned all this, those investors which are looking for earning quick money should refrain from investing in the stock because Walt Disney (NYSE:DIS) doesn’t have anything to offer imminently, or let’s say that it doesn’t have anything major to offer yet. For the long term investors, Walt Disney (NYSE:DIS) is a major stock with a lot of potential and a lot of future prospects.
Walt Disney (NYSE:DIS) has a habit of duplicating its profits from all fronts. The company has a lot to offer, which means there are many vessels from which the company earns. Investors should also bank upon Walt Disney (NYSE:DIS)’s reputation which dates back to almost a hundred years. The company has been consistently making money and the naysayers have always corrected themselves whenever they doubted the company’s performance or money making strength.
With almost a dozen Marvel movies in the pipeline, Walt Disney (NYSE:DIS) will only get stronger as time goes by and investors who will hang on for a longer period will certainly benefit. However, investors who want to bail out with a quick profit won’t find anything here. And in all honesty, Walt Disney (NYSE:DIS) does not need any of such investors either.
