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Jim Cramer: Disney's Being Too Transparent

Video Credit: The Street - Duration: 02:39s - Published < > Embed
Jim Cramer: Disney's Being Too Transparent

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

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