Focus on Disney ETFs Post Q2 Earnings
Written by Emily J. Thompson, Senior Investment Analyst
Updated: May 13 2024
0mins
Should l Buy DIS?
Source: NASDAQ.COM
- Financial Performance: Walt Disney Company reported Q2 fiscal 2024 earnings of $1.21 per share, beating estimates by 8.04% and increasing 30.1% year over year. Revenues rose 1.2% to $22.08 billion but missed consensus by 0.23%.
- Segment Performance: Media and Entertainment Distribution revenues decreased by 5%, while Parks, Experiences, and Products revenues increased by 9.8% year over year.
- Streaming Services: Disney+ had 117.6 million paid subscribers, with varying average monthly revenue per paid subscriber for domestic and international markets.
- Investor Reaction: Disney's shares fell nearly 9% post-earnings due to concerns about theme park division deceleration despite a strong recovery.
- ETF Exposure: Several ETFs have exposure to Disney, with fluctuations in performance over the past month and three months.
Trade with 70% Backtested Accuracy
Stop guessing "Should I Buy DIS?" and start using high-conviction signals backed by rigorous historical data.
Sign up today to access powerful investing tools and make smarter, data-driven decisions.
Analyst Views on DIS
Wall Street analysts forecast DIS stock price to rise
19 Analyst Rating
16 Buy
3 Hold
0 Sell
Strong Buy
Current: 104.290
Low
123.00
Averages
137.29
High
152.00
Current: 104.290
Low
123.00
Averages
137.29
High
152.00
About DIS
The Walt Disney Company is a diversified worldwide entertainment company. The Company's segments include Entertainment, Sports and Experiences. The Entertainment segment generally encompasses its non-sports focused global film and episodic content production and distribution activities. The lines of business within the Entertainment segment along with their business activities include Linear Networks, Direct-to-Consumer, and Content Sales/Licensing. The Sports segment encompasses its sports-focused global television and direct-to-consumer (DTC) video streaming content production and distribution activities. The lines of business within the Sports segment include ESPN and Star. The Experiences segment includes Parks and Experiences and Consumer Products. Parks and Experiences consists of Walt Disney World Resort in Florida, Disneyland Resort in California, Disney Cruise Line, and others. Consumer Products includes licensing of its trade names, characters, visual, literary and other IP.
About the author
Emily J. Thompson
Emily J. Thompson, a Chartered Financial Analyst (CFA) with 12 years in investment research, graduated with honors from the Wharton School. Specializing in industrial and technology stocks, she provides in-depth analysis for Intellectia’s earnings and market brief reports.
Disney World Raises Peak Ticket Prices to $219
- Ticket Price Increase: Disney World has raised its peak ticket prices to $219, reflecting a 10% increase over 2025's peak rates, which may influence visitor spending decisions and lead families to reduce their travel days or postpone trips.
- 2027 Booking Opened: This week, Disney opened bookings for the first ten months of 2027, maintaining the starting price of one-day, one-park tickets at $119, which may attract budget-conscious visitors despite the rise in peak prices.
- New Attractions Development: Disney is developing a new themed land, Tropical Americas, set to open in 2027, while refurbishing existing attractions like Big Thunder Mountain, reopening next month, aimed at enhancing visitor experiences and attracting repeat customers.
- Competitive Market Pressure: With rising ticket prices, Disney must continue investing in park experiences to maintain its competitive edge, especially as rivals like IMAX introduce new technologies, ensuring sustained growth in its core business.
See More
UAE Tourism Economy Faces Significant Challenges Amid Regional Conflict
- Dramatic Drop in Tourism Demand: The ongoing U.S.-Iran conflict has led to a dramatic decline in tourism demand in the UAE, with daily losses estimated at $600 million, particularly impacting Dubai where hotel occupancy has plummeted by 70-80%, significantly straining the tourism-dependent economy.
- Flight Cancellations Impact: Over 30,000 flights have been canceled across the region since the onset of the conflict, leading to unprecedented pressure on the airline and hotel industries as traveler confidence wanes, prompting many hotels to close to save on costs.
- Consumer Spending Contraction: UAE households are cutting discretionary spending, delaying travel, and increasing savings, which amplifies the external shock from lost tourism and weakens domestic consumer demand, further complicating the economic landscape.
- Long-Term Growth Potential: Despite current challenges, the UAE is actively pursuing long-term tourism growth, with plans for a Disney theme park in Abu Dhabi indicating confidence in future market recovery, although short-term risks include talent loss and economic contraction.
See More
RTL Secures EU Approval for Sky Deutschland Acquisition
- Acquisition Approval: RTL has secured unconditional EU antitrust approval for its acquisition of Sky Deutschland, indicating that regulators found no competition concerns, thereby facilitating RTL's integration with Sky.
- Sports Rights Acquisition: The deal grants RTL access to Sky's premium sports rights, including Bundesliga, Premier League, and Formula 1, significantly enhancing its competitive edge in the German market against U.S. giants like Netflix and Disney.
- Enhanced Market Competitiveness: By integrating Sky's WOW streaming service, RTL will be able to offer more attractive entertainment content, increasing user engagement and market share, thereby solidifying its position in the European media landscape.
- Industry Consolidation Trend: EU antitrust chief Teresa Ribera noted that this transaction will enable well-established European media groups to consolidate their positions amid increasing pressure from global streaming platforms, reflecting the necessity for industry consolidation.
See More
Trump Calls Tim Cook an 'Incredible Guy' in Truth Social Post
- Tribute to Cook: Trump referred to Cook as an 'incredible guy' in a Truth Social post, recalling an early phone call that highlights their close relationship, which may influence Apple's policies and interests.
- Policy Influence: Cook successfully secured tariff exemptions critical to Apple's operations during Trump's presidency, with Trump acknowledging his assistance, indicating a strategy where business leaders leverage relationships with the president to advance corporate interests.
- Transactional Dynamics: Trump's post reveals a 'transactional' relationship with business leaders, with experts noting that this model could affect the ideal of governance, reflecting how companies seek policy support through personal connections.
- Apple's Future Leadership: Cook will step down as CEO on September 1, with hardware engineering SVP John Ternus taking over, while Apple stated that Cook will continue to engage with policymakers, ensuring the company's competitive edge in the regulatory landscape.
See More
Robert Olstein's Q1 2026 Portfolio Adjustments
- New Stock Additions: Robert Olstein added 66,000 shares of Booz Allen Hamilton Holding Corp in Q1 2026, valued at $5.15 million, representing 1.12% of the portfolio, indicating confidence in the consulting sector's growth potential.
- Key Position Increases: He increased his stake in Equifax Inc by 19,000 shares, totaling 37,000 shares, which is a 105.56% increase, impacting the portfolio by 0.74%, reflecting strong confidence in the company's financial stability.
- Complete Exits: Olstein fully exited four holdings, including Deere & Co and Cummins Inc, which negatively impacted the portfolio by -0.72% and -0.49% respectively, suggesting a cautious outlook on these companies' future performance.
- Significant Reductions: He reduced his position in Kulicke & Soffa Industries Inc by 81,461 shares, a 57.18% decrease, impacting the portfolio by -0.76%, indicating concerns about the company's future prospects.
See More
Trump Calls Tim Cook an 'Incredible Guy' in Truth Social Post
- Trump Praises Cook: In a Truth Social post, Trump referred to Cook as an 'incredible guy,' highlighting how Cook effectively navigated significant issues impacting Apple during his presidency, underscoring the importance of Cook's role in business-government relations.
- Tariff Exemption Success: Cook successfully secured a tariff exemption from the Trump administration for Apple products, saving the company billions last year, which directly impacted Apple's profitability and competitive positioning in the market.
- Manufacturing Commitment: During meetings with Trump, Cook committed to a $100 billion investment in U.S. manufacturing, further solidifying Apple's presence in the American market and potentially boosting local economic growth.
- New CEO Transition: Cook will step down as CEO on September 1, with Senior Vice President of Hardware Engineering John Ternus taking over, while Apple stated that Cook will continue to engage with global policymakers, ensuring the company maintains its strategic advantages in the policy landscape.
See More
Disney World Raises Peak Ticket Prices to $219
- Ticket Price Increase: Disney World has raised its peak ticket prices to $219, reflecting a 10% increase over 2025's peak rates, which may influence visitor spending decisions and lead families to reduce their travel days or postpone trips.
- 2027 Booking Opened: This week, Disney opened bookings for the first ten months of 2027, maintaining the starting price of one-day, one-park tickets at $119, which may attract budget-conscious visitors despite the rise in peak prices.
- New Attractions Development: Disney is developing a new themed land, Tropical Americas, set to open in 2027, while refurbishing existing attractions like Big Thunder Mountain, reopening next month, aimed at enhancing visitor experiences and attracting repeat customers.
- Competitive Market Pressure: With rising ticket prices, Disney must continue investing in park experiences to maintain its competitive edge, especially as rivals like IMAX introduce new technologies, ensuring sustained growth in its core business.
See More
UAE Tourism Economy Faces Significant Challenges Amid Regional Conflict
- Dramatic Drop in Tourism Demand: The ongoing U.S.-Iran conflict has led to a dramatic decline in tourism demand in the UAE, with daily losses estimated at $600 million, particularly impacting Dubai where hotel occupancy has plummeted by 70-80%, significantly straining the tourism-dependent economy.
- Flight Cancellations Impact: Over 30,000 flights have been canceled across the region since the onset of the conflict, leading to unprecedented pressure on the airline and hotel industries as traveler confidence wanes, prompting many hotels to close to save on costs.
- Consumer Spending Contraction: UAE households are cutting discretionary spending, delaying travel, and increasing savings, which amplifies the external shock from lost tourism and weakens domestic consumer demand, further complicating the economic landscape.
- Long-Term Growth Potential: Despite current challenges, the UAE is actively pursuing long-term tourism growth, with plans for a Disney theme park in Abu Dhabi indicating confidence in future market recovery, although short-term risks include talent loss and economic contraction.
See More
RTL Secures EU Approval for Sky Deutschland Acquisition
- Acquisition Approval: RTL has secured unconditional EU antitrust approval for its acquisition of Sky Deutschland, indicating that regulators found no competition concerns, thereby facilitating RTL's integration with Sky.
- Sports Rights Acquisition: The deal grants RTL access to Sky's premium sports rights, including Bundesliga, Premier League, and Formula 1, significantly enhancing its competitive edge in the German market against U.S. giants like Netflix and Disney.
- Enhanced Market Competitiveness: By integrating Sky's WOW streaming service, RTL will be able to offer more attractive entertainment content, increasing user engagement and market share, thereby solidifying its position in the European media landscape.
- Industry Consolidation Trend: EU antitrust chief Teresa Ribera noted that this transaction will enable well-established European media groups to consolidate their positions amid increasing pressure from global streaming platforms, reflecting the necessity for industry consolidation.
See More
Trump Calls Tim Cook an 'Incredible Guy' in Truth Social Post
- Tribute to Cook: Trump referred to Cook as an 'incredible guy' in a Truth Social post, recalling an early phone call that highlights their close relationship, which may influence Apple's policies and interests.
- Policy Influence: Cook successfully secured tariff exemptions critical to Apple's operations during Trump's presidency, with Trump acknowledging his assistance, indicating a strategy where business leaders leverage relationships with the president to advance corporate interests.
- Transactional Dynamics: Trump's post reveals a 'transactional' relationship with business leaders, with experts noting that this model could affect the ideal of governance, reflecting how companies seek policy support through personal connections.
- Apple's Future Leadership: Cook will step down as CEO on September 1, with hardware engineering SVP John Ternus taking over, while Apple stated that Cook will continue to engage with policymakers, ensuring the company's competitive edge in the regulatory landscape.
See More
Robert Olstein's Q1 2026 Portfolio Adjustments
- New Stock Additions: Robert Olstein added 66,000 shares of Booz Allen Hamilton Holding Corp in Q1 2026, valued at $5.15 million, representing 1.12% of the portfolio, indicating confidence in the consulting sector's growth potential.
- Key Position Increases: He increased his stake in Equifax Inc by 19,000 shares, totaling 37,000 shares, which is a 105.56% increase, impacting the portfolio by 0.74%, reflecting strong confidence in the company's financial stability.
- Complete Exits: Olstein fully exited four holdings, including Deere & Co and Cummins Inc, which negatively impacted the portfolio by -0.72% and -0.49% respectively, suggesting a cautious outlook on these companies' future performance.
- Significant Reductions: He reduced his position in Kulicke & Soffa Industries Inc by 81,461 shares, a 57.18% decrease, impacting the portfolio by -0.76%, indicating concerns about the company's future prospects.
See More
Trump Calls Tim Cook an 'Incredible Guy' in Truth Social Post
- Trump Praises Cook: In a Truth Social post, Trump referred to Cook as an 'incredible guy,' highlighting how Cook effectively navigated significant issues impacting Apple during his presidency, underscoring the importance of Cook's role in business-government relations.
- Tariff Exemption Success: Cook successfully secured a tariff exemption from the Trump administration for Apple products, saving the company billions last year, which directly impacted Apple's profitability and competitive positioning in the market.
- Manufacturing Commitment: During meetings with Trump, Cook committed to a $100 billion investment in U.S. manufacturing, further solidifying Apple's presence in the American market and potentially boosting local economic growth.
- New CEO Transition: Cook will step down as CEO on September 1, with Senior Vice President of Hardware Engineering John Ternus taking over, while Apple stated that Cook will continue to engage with global policymakers, ensuring the company maintains its strategic advantages in the policy landscape.
See More
