Disney: Q1 2024 Earnings Revealed Improved Profitability (NYSE:DIS)

News Snapshot:

Kim Kulish/The Image Bank Unreleased via Getty Images Investment Thesis The Walt Disney Company (NYSE:DIS) produced what I view as solid Q1 earnings data with an improvement in their operating efficiency and streaming successes resulting in improved profitability and net income for the firm. A massive 49% increase in EPS, the return of share buybacks along with a 50% bump in the firm's dividend shows how confident management is about 2024 being a solid year for the entertainment giant in my view. These quantitative improvements were accompanied by a refreshingly accountable attitude by the management team for recent missteps along...