Disney Subscriber Growth Outperforms Estimates
Disney (NYSE: DIS) lowered its 2024 forecast for Disney+ to 215 million to 245 million subscribers, despite reporting strong third-quarter earnings on Wednesday. The company had previously expected to end fiscal 2024 with 260 million subscribers. Nevertheless, Disney is certain that Disney+ will be profitable by the end of 2024. [stock_market_widget type=”inline-label” template=”basic9″ color=”orange” assets=”DIS” …