Disney’s Q2 (Jan/Feb/Mar) FY 2020 Earnings Results Webcast on Tuesday, May 5, 4:30ET

[wdwmagic]

Both Bobs are present, starting with Iger.

 

[Disney Analyst]

Iger is confident. Stream over. Disney saved. Off we go.

 

[Slpy3270]

The bump in Media Networks revenue and profit is also surprising. I guess the additions of FX and Nat Geo really mattered that much to Disney.

 

[flynnibus]

man... bob c really is being sidelined isn't he?

Iger running the earnings call? man... how can bob c try to carry any weight?

 

[MisterPenguin]

Iger's apoligia for why he's on the mic: All hands on deck!

 

[MisterPenguin]

man... bob c really is being sidelined isn't he?

Iger running the earnings call? man... how can bob c try to carry any weight?

Iger's giving the confidence talk about CV19. Chapek will give biz talk.

 

[Slpy3270]

Iger's use of "absolute confidence" should raise lots of alarm bells over his and Chapek's strategy to get Disney through Covid-19.

Confidence is not a strategy.

 

[flynnibus]

Iger's giving the confidence talk about CV19. Chapek will give biz talk.

Still the same... Bob C isn't playing the role of leader. He's playing the role of worker bee...

 

[brianstl]

Somehow Disney still turned a profit despite:

* Losing $1.4 billion in potential profit (key word being "potential profit;" they didn't actually *lose* money this quarter)
* Seeing a bump in debt obligations (not quite as big as I feared though)
* Parks being cratered

Interestingly, there's no use of the "going concern" language that other coronavirus-devastated companies are using in their earning report. Why?

They only lost two weeks of business out of 13 in the first quarter.

The real damage will show up in the second quarter where they have already lost 6 weeks of business.

 

[the.dreamfinder]

Iger's giving the confidence talk about CV19. Chapek will give biz talk.

So Bob’s still the leader because that’s what a leader does.

 

[Disney Analyst]

Iger's voice is far more calming then Chapek's.

 

[MisterPenguin]

They only lost two weeks of business out of 13 in the first quarter.

Domestically.

 

[the.dreamfinder]

“None of us could have imagined”

Bob did.

 

[MisterPenguin]

Chapek repeating Iger's spiel of confidence and thanks.

 

[CastAStone]

Actually a bigger hit than what I had expected...since the US disruption was 10 days...

I didn’t get impression business was booming this year prior - however.

They lost nearly the entire quarter in China and nearly as much in Tokyo.

 

[Sirwalterraleigh]

Still the same... Bob C isn't playing the role of leader. He's playing the role of worker bee...

No doubt

 

[lumberguy5]

Somehow Disney still turned a profit despite:

* Losing $1.4 billion in potential profit (key word being "potential profit;" they didn't actually *lose* money this quarter)
* Seeing a bump in debt obligations (not quite as big as I feared though)
* Parks being cratered

Interestingly, there's no use of the "going concern" language that other coronavirus-devastated companies are using in their earning report. Why?

Direct to consumer aka D+ is rolling in cash. 4.1B up from 1.1B this quarter.

 

[WEDway Inc & Company LLC]

Shanghai Will open May 11th.

 

[Sirwalterraleigh]

They lost nearly the entire quarter in China and nearly as much in Tokyo.

How much of their take is from China or Japan?

They don’t own/operate any of those locations

 

[brianstl]

Domestically.

Domestically and Paris is where they have always made the vast majority money off their parks. Paris closed the same time as the domestic parks. They only own a share of the Shanghai and Honk Kong. Tokyo is a licensing agreement.