The Walt Disney Co. has agreed to pay $233 million to settle a class-action lawsuit filed by Disneyland workers who allege that the Mouse House stiffed them by failing to meet local minimum wage requirements.Disney on Friday approved the preliminary settlement which accounts for back pay with interest that is owed to more than 50,000 current and former employees of its Anaheim, Calif. theme parks.“What we believe is the largest wage and hour class settlement in California history will change lives for Disne ...

Tired Disney (DIS -1.36%) shareholders are finally getting a break from their disappointment. Disney stock, which has been on the way down for a few years, perked up recently, and it's gained 16% over the past month.It's a nice gift for shareholders as we get closer to 2025. To sweeten it even more, management just raised the dividend by 33% to $1. It looks like the situation is improving. Is now the time for new investors to jump in?Wishing upon a starLet's not get carried away with Disney's gain; at the t ...

As a household name, Disney (NYSE: DIS) is a cultural powerhouse. However, even companies of such size and importance are not immune to wider factors. Notably, in September of 2023, DIS shares were trading at a 10-year low. Over the course of 2024, Disney stock has continued to experience significant volatility —  at times, reaching prices as high as $122.82, and at others, as low as $85.60. There’s no big secret at play — the explanation is quite simple. A lot of Disney’s revenue comes from two sources whe ...

Group 1: Stock Performance - Walt Disney's stock closed at $114.99, with a daily increase of +0.33%, outperforming the S&P 500's loss of 0.54% [1] - Over the past month, Walt Disney shares gained 11.57%, surpassing the Consumer Discretionary sector's gain of 5.33% and the S&P 500's gain of 1.5% [1] Group 2: Upcoming Earnings - Walt Disney is projected to report earnings of $1.45 per share, indicating a year-over-year growth of 18.85% [2] - Revenue is expected to be $24.7 billion, reflecting a 4.87% increase compared to the same quarter last year [2] Group 3: Full Year Projections - For the full year, earnings are estimated at $5.41 per share and revenue at $94.94 billion, representing changes of +8.85% and +3.91% from the previous year, respectively [3] Group 4: Analyst Estimates - Recent modifications to analyst estimates for Walt Disney indicate evolving short-term business trends, with positive revisions reflecting analyst optimism about the company's profitability [4] - The Zacks Consensus EPS estimate has increased by 6.28% in the past month [6] Group 5: Valuation Metrics - Walt Disney has a Zacks Rank of 2 (Buy), indicating favorable stock performance potential [6] - The company is trading at a Forward P/E ratio of 21.17, which is a premium compared to the industry's average Forward P/E of 20.96 [6] - The PEG ratio for Walt Disney is 2.05, compared to the Media Conglomerates industry's average PEG ratio of 2.42 [7] Group 6: Industry Ranking - The Media Conglomerates industry, part of the Consumer Discretionary sector, has a Zacks Industry Rank of 54, placing it in the top 22% of over 250 industries [7][8] - The top 50% rated industries outperform the bottom half by a factor of 2 to 1 [8]

I look for high-risk, high-reward situations, mainly in the technology markets. I am an early buyer of Bitcoin and my portfolio mainly focused on companies with asymmetric long-term upside. My top holdings include: Bitcoin, Tesla, Google, Amazon and Nvidia.Analyst’s Disclosure: I/we have a beneficial long position in the shares of DIS either through stock ownership, options, or other derivatives. I wrote this article myself, and it expresses my own opinions. I am not receiving compensation for it (other tha ...

Group 1 - The Walt Disney Company has reportedly found its footing after struggling with film production in recent years [1] - The company is experiencing a turnaround during the Thanksgiving holiday season with new film releases [1] Group 2 - The article reflects a positive sentiment towards Disney's stock, indicating a beneficial long position in DIS shares [2] - The author emphasizes the importance of tracking earnings growth versus price appreciation for quality evaluation [1]

Core Insights - Disney's box office performance in 2024 is strong, indicating a positive trend for future revenue and profits [1] Group 1 - Disney's movies are performing well at the box office, suggesting a resurgence in popularity [1] - The current momentum in box office success is expected to continue into 2025, potentially leading to significant long-term financial benefits for the company [1] - The impressive box office numbers are projected to create a waterfall effect of revenue and profits for Disney in the coming years [1]

Core Insights - Disney is integrating its streaming services by adding an ESPN tile to Disney+, marking a significant step towards unifying its offerings [1][6] - The company aims to broaden its audience base by making Disney+ a gateway to other apps, including Hulu and ESPN+ [2][6] - The integration of services has been slow, with no unified interface or single sign-on for billing until now [3][4] Streaming Services Integration - Disney+ has struggled to integrate Hulu and ESPN+ since its launch, with a lack of a cohesive interface [3][4] - The addition of Hulu links within Disney+ allows access to a broader range of programming beyond family-friendly content [6] - Next year, ESPN will offer its full range of games and programming online, consolidating Disney's content spending [7] Market Dynamics - The pricing and audience interest for a standalone ESPN app remain uncertain, with previous attempts to launch a sports-focused bundle facing legal challenges [8][9] - The cable television industry is experiencing significant decline, with traditional cable subscriptions dropping to around 55 million households [11] - ESPN's shift to streaming could further diminish consumer interest in cable networks, particularly as sports remain a key draw for cable [10]

ESPN is coming to Disney+. Now, the sports network wants to make sure Disney+ users come to ESPN. Walt Disney debuted a dedicated ESPN tile Wednesday on Disney+ for people who subscribe to ESPN+, its sports streaming platform, to watch programming without leaving the Disney+ application. Next fall, when ESPN launches its yet-to-be-named "flagship" service, those subscribers will get full access to all ESPN content through the ESPN tile on Disney+. Disney is making about 100 live games available to Disney+ m ...

New films, shows, and even a new hotel and cruise ship make this a month to remember. You might not view Walt Disney (DIS -0.11%) as a holiday play, but the media giant is built for December. It's a conglomerate ripe for this time of year. Its theme parks see a seasonal bounce this time of year, particularly later this month, when schools let out for two weeks. Disney also always seems to have a blockbuster or two hitting theaters as the calendar year comes to a close. As the majority stakeholder in ESPN, i ...