Jim Cramer: Disney's Being Too Transparent
Disney also reported earnings after the bell Wednesday.
Adjusted earnings in the quarter were $1.61 a share, beating forecasts by 2 cents.
Revenue of $14.92 billion beat analysts' estimates of $14.54 billion.
Disney said revenue from its parks, experiences and consumer products business rose 4.5% to $6.17 billion, beating estimates of $6 billion.
Movie-studio revenue in the quarter was $2.13 billion.
Net profit for the quarter was $5.45 billion, or $3.56 a share, which included a gain of about $5 billion from its acquisition of a controlling interest in Hulu.
"[Bob Iger] is being too transparent," said Jim Cramer.
"I don't care that much about it until the numbers are great.
I don't want to see that it look, if it's a movie that spikes the numbers, fine.
It's a pastiche if not a mosaic." Watch Jim Cramer's Daily NYSE Show and Replays Below