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Disney Stock Isn't Very Entertaining

Disney (DIS) shares are down 12% in the last year as negative investor sentiment around ESPN's subscriber numbers has overshadowed the company's other divisions. Disney reports its third-quarter fiscal 2016 earnings on Tuesday.

Investor concerns about ESPN have weighed on the shares all year. But other factors could keep a lid on the stock.

Revenue for Disney's Cable Networks business, which is primarily ESPN, is expected to be up 6% to $4.39 billion. Cable operating income should be up about 4%...


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