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Motley Fool Money

Disney Pops, Alphabet Drops

Motley Fool Money

The Motley Fool

Business, Investing

4.43K Ratings

🗓️ 9 February 2023

⏱️ 24 minutes

🧾️ Download transcript

Summary

Disney’s latest results and plans were just what Wall Street wanted to hear.

(0:21) Tim Beyers discusses:
- How the parks & experiences division drove Disney’s 1st-quarter results
- ESPN+ being a bright spot among streaming properties
- Alphabet shares falling over a botched AI demo and concerns about Microsoft

(13:20) Just in time for Valentine’s Day, Jason Hall and Ryan Henderson engage in a bull vs. bear debate over Match Group.

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Stocks discussed: DIS, MSFT, GOOG, MTCH

Host: Chris Hill
Guest: Tim Beyers, Jason Hall, Ryan Henderson
Producer: Ricky Mulvey
Engineer: Rick Engdahl

Transcript

Click on a timestamp to play from that location

0:00.0

We've got the latest plans from Disney and a bull versus bear debate over match group.

0:09.9

Motley Fool Money starts now.

0:12.3

I'm Chris Hill, joining me today are Man in Colorado, Tim Buyers.

0:18.8

Thanks for being here.

0:20.8

Thanks for having me, fully caffeinated, ready to go.

0:24.2

You know who else is fully caffeinated?

0:26.0

Bob Eiger.

0:28.0

He's first quarter profits and revenue came in higher than expected.

0:32.1

Although one of the headlines here is they did lose about two and a half million subscribers

0:37.7

for the Disney Plus streaming service.

0:40.3

Maybe not a big shock because they recently raised the price of this service.

0:44.8

And there are a bunch of things we can get to here, but I'm sure, you know, because among

0:49.2

other things Eiger talked about something that Wall Street loves to hear, which is cost-cutting.

0:56.5

So where would you like to start?

0:59.6

Because there's a lot to cover here.

1:01.1

I mean, if you remember the old, you know, we're in Super Bowl week and it used to be after

1:07.4

this years ago, after the Super Bowl, the Winterwoods have, going to Disneyland or I'm

1:12.4

going to Disney World.

1:13.8

And let me tell you folks, a lot of people go into Disneyland, go into Disney World.

1:17.7

I think that's the story here, the headline of the Disney earnings here, Chris.

1:23.7

The Parks and Experiences segment in terms of revenue and in terms of operating income

1:31.7

just absolutely crushed it.

...

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