Disney Profit Soundly Beats Expectations

SpectroMan

New Member
Yes, profits are better than expected.

Why? Because lay-offs allow not as many people to paid, and therefore, better profits are earned.

I feel that te company might have great profits right now, but their is trouble down the road. There will be more flops, and they won't be able to lay anyone else off.
 

ral8026

New Member
What gets me is-yes the profits are up but the stock is still below 23 and hasn't be above 27 in a long time, dividin (SP) is still only.21cents per share and only this year AFTER the shareholders revolt they start to add new stuff at the parks and STILL the board gets big bonuses! ITS TIME FOR A CHANGE! NO MORE EISNER NO MORE MITCHELL!
 

HauntedPirate

Park nostalgist
Premium Member
Easy to improve on a horrible year, especially when capital investment is flat and you reduce costs by laying off CM's. :fork:

2004 is not a good year for Disney, overall. Management is putting on a good smoke-and-mirrors show to cover it all up. Come 2005, the piper will need to be paid. And that's a bill Eisner and his ilk can't even begin to pay.
 

Shaman

Well-Known Member
The question still remains...

Is higher now...better than higher way back when, during the "Disney Decade"?

Still...I guess as long as things are moving in the right direction...its a good thing...
 

DarkMeasures

New Member
The pressure on Eisner and the Comcast (failed) takeover seems to be helping the company. I am pretty sure that if those were not to happen, the company could have lost money this year.
 

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