Skip to comments.Walt Disney Co to reveal the financial damage coronavirus has wreaked in quarterly earnings after it furloughed 100,000 employees - as analysts warn the company has a 'bull's eye on its back'
Posted on 05/05/2020 9:29:26 AM PDT by C19fan
Walt Disney Co is set to reveal its first assessment of the damage the coronavirus has wreaked on Disney's global business when the company releases it quarterly earnings today. Wall Street will assess the level of damage when chief executive Bob Chapek and executive chairman Bob Iger deliver the company's fiscal second-quarter financial report on Tuesday afternoon. Overall, analysts expect Disney to report earnings per share of 89 cents, down 45 percent from $1.61 a year earlier. The earnings report will be the first outing in front of Wall Street for Chapek - the former parks chief who took on the chief executive job in February just as the pandemic started spreading globally. Chapek took on the new role as Iger stepped down to become executive chairman. Executives will face analysts looking for answers on how they plan to navigate out of the unprecedented global crisis.
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If the release an unbutchered Song of the South on DVD in a bid to make money I just may buy it.
Maybe China will buy it
No company is too big to fail. Eve the once mighty Sears is almost finished after 100+ years.
Poir Disney. Maybe the homosexual community, all 1% of them, will pick up the slack.
China should be forbidden from purchasing anything based in the US.
I blame all the lame Woke crap they’ve been churning out catering to like 2% of their possible audience.
I’ve got a couple on VHS, if you’re interested...
They (lucasfilm/disney) hired The personal assistant of...Harvey Weinstein.
I’m sure AAPL would love to own Disney’s streaming service and film library. The theme parks? Not so much.
Personally, I think it'd be a huge poison pill for Apple. There are other options available which are much cheaper and come with far fewer issues. I don't think anyone’s going to make a play for Disney under these conditions.
Not to mention Disney Cruises...
Disney can sell-off ABC, Hulu, Star Wars, The Muppets, and Marvel properties for a start.
Why am I suddenly feeling like Weird Al in theWhite and Nerdy video when that guy sells him a bootleg copy of the Star Wars Holiday Special on VHS?
Disney’s current market cap is around $100 billion. Apple has over $250 billion in cash.
Faggot World! Faggot Land!
No Thanks! NOT FOR KIDS! Wait.... wasn’t that who it was built for?
“Not anymore” as Clouseau wold say.
AAPL could buy it, keep what they want and sell the rest.
They could at least open for their Gay Days - they’ll get plenty of people for that!
Does Disney itself make money these days?
Disney theme parks have always been a cash cow. 2 bill easy every year....
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