Disney path to subscriber success is outside U.S.; way to profit less clear


FILE PHOTO: A smartphone with displayed "Disney" logo is seen on the keyboard in front of displayed "Streaming service" words in this illustration taken March 24, 2020. REUTERS/Dado Ruvic

(Reuters) -Walt Disney Co's quarterly results show a path for signing up a quarter billion subscribers: international expansion. But furious growth in customers outside the United States is not so certain to bring bumper profits.

Its stock fell as much as 5.5% to a two-year low of $99.47 in early trading on Thursday, after over half a dozen analysts cut their price target on the stock.

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