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Disney beat Q2 earnings estimates, with stock up 7.9% in stake increase by Resonant Capital.
Resonant Capital Advisors increased its Disney stake by 7.9% in Q2, while Nisa Investment Advisors reduced its position by 9.4%.
Disney reported Q2 earnings of $1.61 per share, beating estimates by $0.16, with revenue of $23.65 billion, up 2.1% year-over-year.
The stock, trading at $111.64, has a market cap of $200.72 billion and a P/E ratio of 17.50.
Analysts maintain a "Moderate Buy" consensus rating with a target price of $132.90, and institutional investors hold 65.71% of shares.
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Disney superó las estimaciones de ganancias del segundo trimestre, con un aumento de 7,9% en las acciones por parte de Resonant Capital.