Not yet.Link is up, but PDF is corrupt. Anyone able to see it?
Investor Relations - Stock Information, Events, Reports, Financial Information, Shareholder Information - The Walt Disney Company
Investor Relationsthewaltdisneycompany.com
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Walt Disney Company fourth quarter 2020 financial results to be released mid-November
- Thread starter wdwmagic
- Start date
- Loss per share: 20 cents, vs 71 cents expected, according to Refinitiv survey of analysts
- Revenue: $14.71 billion, vs $14.20 billion expected, according to Refinitiv
JoeCamel
Well-Known Member
Can they shuffle enough capex and other expenses within the quarter by shutting/mothballing projects and laying off people to move the numbers this much? Does capex even show up in a quarterly report enough to matter?
I guess I ask if they are making more than expected rather than losing less than expected and that is how they got these numbers.
I guess I ask if they are making more than expected rather than losing less than expected and that is how they got these numbers.
- Parks, Experiences and Products: $2.58 billion, down 61% year over year
- Media Networks: $7.21 billion, up 11% year over year
- Studio Entertainment: $1.60 billion, down 52% year over year
- Direct-to-Consumer and International: $4.85 billion, up 41% year over year
The PDF is fixed.
Spectro shire
Well-Known Member
Being down 61% in the parks is "good" for what Disney is. Non-essential entertainment.
Compared to last year's 4Q whose profit was $3.425 Billion, the 4Q profit in 2020 was only $0.606 Billion.
Compared to previous year's profit of $14.847 Billion, this past financial year's profit was only $8.108 Billion.
Compared to previous year's profit of $14.847 Billion, this past financial year's profit was only $8.108 Billion.
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Q: Moffat Nathanson: ESPN cost cuts... content rights? cut back on rights (to save money)?
RE: cutting back on number of movies to make them higher quality.
A: Bob: We're watching costs... duh.
Yes, we've been discriminate in quality control. But now we need to minimize churn for D+. New content = new subs, so, we're ramping up.
RE: cutting back on number of movies to make them higher quality.
A: Bob: We're watching costs... duh.
Yes, we've been discriminate in quality control. But now we need to minimize churn for D+. New content = new subs, so, we're ramping up.
Disney Analyst
Well-Known Member
Just posted right after you, deleted mine as you beat me.
So they have now increased, I wonder when that took effect?
Q: JP Morgan: What did you learn from Mulan? PVOD? Soul?
Parks: You made a lot of cuts. Can you squeeze more money out of it?!
A: Bob: Pleased by Mulan's release. But it met with controversy. But did well up to the controversy. More at investor's day.
Soul went to D+ for content.
Parks: We like what we see. Increased effectiveness and numbers even while staying within protocols. WDW went from 25% to 35% capacity while staying within CDC protocols.
The demand for parks is up. Can't keep them away. We're so great and trustworthy.
Parks: You made a lot of cuts. Can you squeeze more money out of it?!
A: Bob: Pleased by Mulan's release. But it met with controversy. But did well up to the controversy. More at investor's day.
Soul went to D+ for content.
Parks: We like what we see. Increased effectiveness and numbers even while staying within protocols. WDW went from 25% to 35% capacity while staying within CDC protocols.
The demand for parks is up. Can't keep them away. We're so great and trustworthy.
Q: Morgan Stanley: Will there be additional costs for integration of 20th.
You restructured the corporation... separating monetization from creation... what's up?
A: Christine: We did great integrating 20th Century and reducing operational costs.
Bob: We're confident in what we did. We're totally sure every employee agrees! We let creatives create, and let distributors worry about budget and distribution.
You restructured the corporation... separating monetization from creation... what's up?
A: Christine: We did great integrating 20th Century and reducing operational costs.
Bob: We're confident in what we did. We're totally sure every employee agrees! We let creatives create, and let distributors worry about budget and distribution.
This all, unfortunately, validates entirely the spreadsheet approach to parks and resorts. Bob and Bob won, at least for another quarter... and another quarter brings us closer to the cuts holding as the new normal, unless they serve the spreadsheet.
This is the way.
This is the way.
Q: Bank of America: Change in management of Star?
Did sports viewing decline? What's up? Long term effects.
A: Bob: Sports... ratings doing well relatively to a crisis. E.g., only 4% decline in NFL during this time is good news that it didn't collapse.
India Star: We're confident in what's happening there. Much success.
Did sports viewing decline? What's up? Long term effects.
A: Bob: Sports... ratings doing well relatively to a crisis. E.g., only 4% decline in NFL during this time is good news that it didn't collapse.
India Star: We're confident in what's happening there. Much success.
