Disney Q4 Results Coming On November 12
What Investors Want To Know about Q4 and 2020, According to The Motley Fool…
It’s coming soon. And we know — kinda — what to expect.
However, the whole exercise is not without merit.
And, as The Motley Fool’s Parkev Tatevosian reported, there are several things to note when The Walt Disney Company reports its Q4 earnings and overall 2020 results on November 12.
Tatevosian posted:
Walt Disney is one of the companies severely affected by the coronavirus pandemic. Significant portions of its operations depend on bringing large groups of people together. Many of those operations, like its theme parks, had to shut down during the pandemic and have been slow to return to normal. Although one bright spot for the company has been the customer response to its streaming service Disney+, it has not been nearly enough to make up for the losses elsewhere.
As such, Tatevosian noted three things to pay attention to as Bob and Bob drop the deets about Disney’s fourth-quarter and the 2020 fiscal year:
- The first thing to look at in the announcement will be the overall growth in streaming subscribers…
- The second thing to watch is the company’s media segment…
- And third is what management has to say on several important topics…
Those important topics (paraphrased)?
-
International expansion of Disney-owned streaming.
- How are the open parks doing?
- When will Disneyland open and will COVID-19 continue to play havoc with other parks?
It is going to be quite a call – particularly for the reasons outlined below.
However, given the BAD news that is likely to lead the day, one wonders what else might Disney have up its collective sleeve.
Will there be a new Star Wars project announced?
Could Kevin Feige talk about a new Marvel project?
What new animated Disney project will arrive in the coming years?
How might the company look to drive attendance at the parks?
All of the above will be on the mind of this (11 share) stockholder during the Disney Q4 discussion. Stay tuned.