Disney Stock Drops After Earnings – Why We're Still Bullish

Disney stock is down almost 13% this year and 21% in the last three months. The latest Star Wars installment failed to give Walt Disney Co. (NYSE: DIS ) stock an expected boost in January, despite generating over $1.5 billion in domestic box-office revenue. "Star Wars," however, helped Disney almost double its studio operating income to $1 billion in its first-quarter earnings report, which it released Tuesday. In its best quarterly earnings ever, Disney's earnings per share jumped to $1.73 a share from $1.27 a share in the same quarter last year. But Disney's earnings report wasn't all a Cinderella story... Tags: Disney first quarter earnings , Disney revenue , Disney stock , Disney stock down , Disney stock earnings , Disney stock price To get full access to all Money Morning content, click here About Money Morning: Money Morning gives you access to a team of ten market experts with more than 250 years of combined investing experience – for free . Our experts – who have appeared on FOXBusiness, CNBC, NPR, and BloombergTV – deliver daily investing tips and stock picks, provide analysis with actions to take, and answer your biggest market questions. Our goal is to help our millions of e-newsletter subscribers and Moneymorning.com visitors become smarter, more confident investors. Disclaimer: © 2016 Money Morning and Money Map Press. All Rights Reserved. Protected by copyright of the United States and international treaties. Any reproduction, copying, or redistribution (electronic or otherwise, including the world wide web), of content from this webpage, in whole or in part, is strictly prohibited without the express written permission of Money Morning. 16 W. Madison St. Baltimore, MD, 21201. The post Disney Stock Drops After Earnings – Why We're Still Bullish appeared first on Money Morning - We Make Investing Profitable .