Walt Disney stock closes 2.9% lower on Monday

Walt Disney (DIS) closed at $92.37 on Monday, 2.91% lower on the day.

Walt Disney’s stock price has increased 5.09% so far this year, less than the 12.38% advance registered by the overall Dow Jones Industrial Average (DJIA) index.

On Monday, the DJIA cratered 0.94% to close at 41,954 points. The three leaders were Boeing (BA), IBM (IBM) and Caterpillar (CAT), while the three laggards were Travelers (TRV), Amazon (AMZN) and Walt Disney (DIS).

Back to Walt Disney, its latest earnings report from fiscal Q3 showed that earnings per share (EPS) were at $1.39. Revenue, meanwhile, stood at $23.16 billion.

The next earnings report for Walt Disney will be published on November 14.

Analysts expect Walt Disney’s earnings per share to come in at $1.11 for Q4, while revenue is projected at $22.49 billion.

(An automation tool was used in creating this post.)

Source: https://www.fxstreet.com/news/walt-disney-stock-closes-29-lower-on-monday-202410072042