Disney is scheduled to report earnings tomorrow after the bell.
Personally I expect another strong quarter. ESPN/ABC should see a boost from big world cup popularity. I'm sure the revenues from Frozen have yet to thaw as well. We'll probably see the usual price action though, Disney almost always sells-off following earnings no matter what the news is.
I'm more excited to see what they adjust their forecasts to for the rest of the year. The Studios division is likely to remain strong due to the massive success Guardians is shaping up to be, and a continued lineup of big Marvel entertainment.
We'll see what they say about the parks as well. Spending in park and at the hotels will be interesting to hear about as well as any attendance hints, since everyone has been talking about a "slow" summer across CFL.
Personally I expect another strong quarter. ESPN/ABC should see a boost from big world cup popularity. I'm sure the revenues from Frozen have yet to thaw as well. We'll probably see the usual price action though, Disney almost always sells-off following earnings no matter what the news is.
I'm more excited to see what they adjust their forecasts to for the rest of the year. The Studios division is likely to remain strong due to the massive success Guardians is shaping up to be, and a continued lineup of big Marvel entertainment.
We'll see what they say about the parks as well. Spending in park and at the hotels will be interesting to hear about as well as any attendance hints, since everyone has been talking about a "slow" summer across CFL.
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