Disney Reports Earnings Tomorrow. Here’s What to Expect.

[NewsFeeder]

Disney Reports Earnings Tomorrow. Here’s What to Expect.

(DIS)investors will get new details about the performance of Disney+ on Tuesday evening. The entertainment giant’s only disclosure about its new streaming service so far came the week it launched in November 2019, saying that it had signed up 10 million subscribers in its first day. Management has been mum on the subject since, but Disney is set to report its fiscal first-quarter 2020 earnings on Tuesday after the market closes.

https://finance.yahoo.com/m/7ba49d7...63b89a/disney-reports-earnings.html?.tsrc=rss

 

[Bullitt]

Anyone looking for signs of a recovery should watch DIS stock. They have a hand in everything. Cruises, theme parks, vacation resorts, movies, streaming, internet.

Shanghai Disneyland sold out of tickets for its May 11 reopening after a four-month shutdown, a sign that consumers in China are prepared to spend as the nation recovers from the coronavirus pandemic.

https://www.bloomberg.com/news/arti...and-tickets-sold-out-in-minutes-for-reopening

 

[Bullitt]

Old thread, but Disney related. DIS is a must watch stock for an economic turn. The media only wants to talk about the streaming subscribers, but that's turning into a failed experiment quickly.

Now that COVID is finally done, the question is how many families are willing to pay even higher prices to make some Instragram moments?

DIS down 50% from it's February 2021 peak.