Disney Earnings Set Up Next Quarter Concerns

about 1 month ago

Rachel Pua

"Yeah. So Disney it uh reported yesterday with sales that were behind expectations. Um it also said that next quarter will be affected by expenses tied to huge releases like the next Avatar film and Zootopia 2. The company not told Bloomberg that it's investing in areas such as bundling with other streaming platforms and this is going to cost money and to profits but u investors weren't exactly pleased."

The commentary highlights that Disney's recent earnings fell short with sales lagging expectations and higher upcoming expenses related to major film releases, raising concerns for next quarter.

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