BREAKING: Parks, Experiences and Products Loses $2 Billion in Third Quarter, The Walt Disney Company Reports Historic Losses in Revenue Due to COVID-19 Pandemic

Magic Kingdom Hub Partners Cinderella Castle Morning

The much-anticipated Q3 FY20 earnings report for The Walt Disney Company was remarkable, as the public was finally able to see the financial hit Disney has taken due to COVID-19 and the subsequent entertainment industry shutdown. We had some insight on how bad this quarter could be for Disney when Universal reported a 94% loss … Read more

The Walt Disney Company Beats Analyst Expectations; Parks, Experiences and Products Segment Sees Massive Operating Income Growth

The Walt Disney Company logo featuring Mickey Mouse

The Walt Disney Company has announced its Q4 results, officially closing out the 2019 fiscal year. A $1.07 EPS beat analyst expectations of $0.95 with revenues of $19.1 billion vs. $19.05 billion expected. Disney shares jumped by 4.56% to $139.19 a share after the Q4 results announcement. Most significant was the staggering 17% increase in … Read more