The Walt Disney Company (NYSE:DIS) closed at $102.19 on October 2, down 9.37% over twelve months. Revenue grew 6.80% in the most recent quarter. Earnings fell 49.90%. Revenue rising while profit halves is the whole story here, and it points to one part of the business. READ ALSO: Amazon (AMZN) and Apple (AAPL) Must Face a UK Class Action Over Marketplace SalesIs Disney (DIS) a Good or Bad Investment at Today's Price? Two Businesses Pulling in Opposite Directions: Disney is a theme park operator with a film studio and a streaming service attached, and the three behave nothing alike. The parks are the reason the operating margin is 19.30%. They are physical, hard to copy, and priced by a company that knows nobody else owns the characters.
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