about Walt Disney's recent performance:
Walt Disney's stock experienced a significant drop over the last few months, but recent developments indicate a potential turnaround.
CEO Bob Iger is optimistic about Disney's trajectory, emphasizing a shift from fixing to building in the company's current phase of recovery.
Disney's fiscal fourth-quarter report surpassed expectations, with a 5% increase in revenue and a substantial rise in adjusted earnings.
The streaming business showed signs of improvement, despite ongoing losses, and Disney aims to achieve profitability by the end of the fiscal year.
Disney+ gained 7 million international subscribers, highlighting the recovery after consecutive quarterly declines.
The company has increased its annual cost-saving target and is focusing on improving its financial performance.
While there are still areas for improvement, Disney is taking steps in the right direction, with a surge in free cash flow and positive long-term prospects
The perspectives of stock analysts who recommend other stocks over Walt Disney at the present time.