Disney CEO reveals opening dates for Avatar, Star Wars lands

In the most recent quarter, DIS cautioned that fiscal 2017 would bring modest earnings-per-share growth, mostly because of "comparability factors" to a year ago.

For its Studio Entertainment sector, although the film hit "Rogue One: A Star Wars Story" reached the billion mark, its performance did not match the exceptional reception of its predecessor "Star Wars: The Force Awakens" the previous year. This was Disney's fiscal first quarter. The business had revenue of $13.14 billion for the quarter, compared to the consensus estimate of $13.71 billion. The NFL saw consistent declines in viewership this season in the first quarter, with NFL Nielsen ratings down 8% for the 2016 season. The company shares are up 26.38% from one year low and is up $22.75 since then. Walt Disney Co makes up approx 0.06% of Icon Advisers Incco's portfolio.Wealth Management company, Wright Investors Service Inc sold out all of its stake in DIS during the most recent quarter. As a result, ESPN continued to face headwinds amid lower television ratings. As the past trend shows, The Walt Disney Company's stock price has rallied after earnings in 14 of the last 28 quarters.

Revenue was down 3 percent from the same time a year ago and operating income was also down $311 million.

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If we analyse the segment-wise revenue of this entertainment conglomerate, it has faltered on many fronts.

Last May, following a 6 percent drop in stock after it failed to miss its revenue targets, and streaming analyst Dan Rayburn told Polygon it was only a matter of time before Disney started exploring its own direct-to-consumer streaming options.

THE Shanghai Disney Resort has received around 7 million visitors since its opening in June, which will help the park break even this fiscal year, senior officials said yesterday.

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Although Iger is pursuing more streaming options, including licensing content to a yet-to-be-announced streaming platform, the CEO also made it pointedly clear the company isn't going to give up its licensing agreements anytime soon.

In the Consumer Products and Interactive Media segment, the company's operating income declined 25% y-o-y due to a record-breaking first quarter the segment delivered past year. The sports network saw ad sales drop as it grappled with the general decline in NFL viewing during the regular season, and the move of three college football championship games to the current quarter. With increased program costs for ESPN, the segment EBIT margins compressed 1.2 percentage points. The report is likely to be publicized on or around 2017-05-09.

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