Disney Earnings Report, Feb. 4 – What’s Coming?
Financial analysts (and fans, of course) will keep a close look at Tuesday’s fiscal first-quarter earnings report for The Walt Disney Company.
The Walt Disney Company (NYSE: DIS) will discuss fiscal first quarter 2020 financial results via a live audio webcast beginning at 4:30 p.m. EST / 1:30 p.m. PST on Tuesday, February 4, 2020.
Results will be released after the close of regular trading on February 4, 2020.
And since then, the folks who really pay attention to The Walt Disney Company continued to pour over the tea leaves speaking to the future of the company.
Previewing the Report
Last year was a wild ride for theme park and movie maven Disney (NYSE:DIS). The company released the biggest grossing movie of all time, opened massive new additions to its theme parks, and launched its highly anticipated streaming service — all while closing on the biggest acquisition in Disney’s history.
2020 marks a new chapter for the House of Mouse, and Disney is scheduled to update investors when it reports the results of its fiscal first quarter after the market close on Tuesday, Feb. 4.
Three topics, in particular, will be on the minds of investors and could play a big part in the company’s success or failure now and in the months to come.
Three Things to Watch
- Rise of the Resistance: The latest addition to Disney’s Star Wars theme park debuted at Disneyland to much fanfare early last month, and the attraction is being hailed by fans and critics alike…
- All eyes on Disney+: After years of speculation and months of anticipation, the long-awaited debut of the company’s Disney+ streaming service took place on Nov. 12. The following day, Disney announced that, including those who signed up early, its rolls had swelled to more than 10 million by the end of the first day, driving its stock to a new all-time high. At the time, management announced it wouldn’t be updating subscriber numbers again until the company’s regular quarterly report…
- Impact of coronavirus: Disney made an unprecedented move this week, closing down both its theme parks in China as the result of the coronavirus outbreak. On Jan. 26, the company announced on the resort’s website that it would temporarily close Hong Kong Disneyland Park “out of consideration for the health and safety of our guests and cast members…”
The Motley Fool reporter added:
While each of these components only represents a small part of Disney’s overall empire, the success or failure of each will provide compelling insight into what lies ahead for the House of Mouse.
Be sure to read the full article to get more analysis. And also watch MickeyBlog.com on Tuesday for all the news out of the Disney Earnings Report.