Disney Shares Surge After Beating Profit Expectations and Announcing Game-Changing Collaboration with Epic Games
Orlando, Florida – Walt Disney shares are experiencing a surge in value following the company’s release of better-than-expected profits for the December quarter. In addition, Disney has provided earnings guidance for the September 2024 fiscal year that surpasses Wall Street estimates. As part of its plans, the company will be increasing its semi-annual dividend by 50% and implementing a new $3 billion stock buyback plan. Disney has also announced a significant investment of $1.5 billion …