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Disney’s stock price ended the day down slightly, closing at $99.27/share. Overall the earnings reported is coming in “better than expected.” with earnings per share coming in at $1.22, though revenue came in at $23.55 billion versus an expectation of $23.64 billion. Disney+ subscribers shrank by 1.3 million, but revenue per subscription rose due to price increases.
We can expect the Disney Board of Directors to be a major topic of conversation as there are two different proxy fights, with different organizations fighting to get seats on the Board. The Annual Shareholders meeting is set for April.