@4headtrade's post on eToro.com
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🔔Mid Day Trading Update🔔
📅Thursday 11/8/2022📅
🟢Bullish Activity🟢
$DIS
Gapping up to a three month high this morning after the entertainment giant reported fiscal Q3 earnings of $1.09 per share $0.10 beat on revenue that rose 26.5% YOY to $21.5B above the $21.01B consensus. The company added 14.4M Disney+ subscribers during the quarter, which was above the 10M consensus. However, the company lowered its 2024 subscriber guidance to 215-245M versus a prior forecast of 230-260M. The August 12th 120.00 call being the highest volume contract.
$DDS
Also to the upside after the department store chain reported Q2 earnings of $9.30 per share $6.42 beat on revenue that rose 1.2% YOY to $1.59B above the $1.54B consensus. Q2 comparable same-store sales were flat and Q2 consolidated gross margin declined slightly to 40.8% compared to 41.0% both YOY. The August 19th 250.00 put being the highest volume contract.
New 52-week highs: ( $CAH + $2.86 to $65.61), ( $CI + $2.16 to $289.23), ( $G
