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Benzinga

Business

Adam Eckert

Why Disney Shares Are Sliding Today

Disney DIS NYSE Walt Disney Co

Walt Disney Co (NYSE:DIS) shares are trading lower Thursday after the company reported financial results. Several analysts lowered price targets on the stock following the company's results.

Disney said fiscal second-quarter revenue grew 23% year-over-year to $19.25 billion, which beat the $18.88-billion estimate. The company reported quarterly adjusted earnings of $1.08 per share, which beat the estimate of $1.07 per share.

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Colombia's president offers support to veterans extradited to US over Haitian leader's killing

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