The Walt Disney Company has released the Q4 earnings report for 2020, beating expectations with $14 billion in revenue, but still experiencing loss in the Disney Parks, Experiences and Products segment, as a number of parks, such as Disneyland Resort are still shuttered. You can read the full financial results here. The Disney Parks sector … Read more
The Walt Disney Company has released the full fiscal year and Q4 earnings report for 2020, beating expectations with $14 billion in revenue. You can read the full release below. The Walt Disney Company (NYSE: DIS) today reported earnings for its fourth quarter and fiscal year ended October 3, 2020. Diluted earnings per share (EPS) … Read more
As it turns out, Disney Parks, Resorts and Products will be spending more than previously expected on construction and refurbishments at the theme parks. At last week’s Q3 earnings call, The Walt Disney Company announced that the cut in capital expenditures has been reduced to $700 million. Previously, a $900 million cut was expected. Disney … Read more
During today’s Walt Disney Company Q2 earnings call, it was revealed that there will be a $900M decrease in CAPEX spending anticipated for FY20, mostly due to postponed construction and refurbishment projects during the closure of the Disney Parks around the world. This is obviously related to the ongoing construction delays and how much longer … Read more
The Walt Disney Company has released its Q2 earnings for 2020. With Disney (NYSE: DIS) stock down nearly 30% from all-time highs at the start of the year, it has been one of the most impacted companies throughout the COVID-19 pandemic. The Walt Disney Company announced its earnings for the second quarter of the fiscal … Read more
The Walt Disney Company, long the darling of Wall Street, has finally hit some headwinds. Earnings per share of $1.35 missed the estimated target of $1.75, causing shares to fall 2.5% after hours. Revenue of $20.25 billion missed estimates of $21.47 billion which was part of the reason for the EPS miss. Parks & Resorts … Read more