100% correct. The Board of Directors and other decision makers know far more and about far more specific sets of financials than Wall Street will ever see or hear. Disney‘s number crunchers can drill down in Almost unfathomable detail.While I appreciate the enthusiasm of people like Brayden, my main issue is the increasing use of sensationalism in news (theme park or otherwise). Just to use Brayden as an example, a recent tweet of his reads, “We are 6 days away from the most consequential earnings report in the history of the Disney Parks. Will determine the scope of 50th anniversary and what plans get approved!”
Even @Disnerd2003 (based on his comments in this thread) know how misleading this statement is. For starters, this is far from the most consequential earning report in parks. Try when DL opened? When WDW opened? When Epcot opened? When overseas parks opened?
Secondly, an earnings report doesn’t dictate what decision will or won’t be made, they just give the public a bit of insight into the financial gears that make these decisions. It’s not like the people that would be approving budgets for future projects would wait until their company releases an earnings report before deciding what to do next. They already know when something is underperforming.
So, might I suggest something like this, next time: “In 6 days, the Disney Earnings Call will give valuable insight into what we can expect to be the pace of spending going into the 50th.” Sure it doesn’t have the same appeal, but it is much more informative.