Walt Disney Co DIS shares are trading higher by 2.38% to $102.32 Friday afternoon. Disney is potentially trading higher in sympathy with media peer Comcast Corporation CMCSA, which reported strong first-quarter results, and amid overall market strength Friday.
What Happened With Comcast Earnings?
Comcast reported a first-quarter FY23 revenue decline of 4.3% year-on-year to $29.69 billion, beating the consensus of $29.34 billion.
Revenue from the company's Media division decreased by 20.7% Y/Y to $6.15 billion, reflecting the comparison to the Beijing Olympics and the NFL's Super Bowl in the prior year period...Read More
According to data from Benzinga Pro, DIS has a 52-week high of $126.48 and a 52-week low of $84.07.
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