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Is Disney Stock Still a Buy After Missing Subscriber Estimates?

Is Disney Stock Still a Buy After Missing Subscriber Estimates?

Walt Disney (NYSE: DIS) ended the fiscal second quarter with 103.6 million subscribers on its Disney+ streaming service. While that's more than double the total reported in the year-ago quarter, analysts expected Disney+ to finish the quarter with 109 million subscribers. Here are four important points from the earnings call that suggest Disney is doing fine and could make the sell-off a good buying opportunity.