Hurricane Milton could reduce Disney earnings, Goldman says

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Park closures and disruptions due to Hurricane Milton could cut into Walt Disney's earnings, according to Goldman Sachs analysts.

Projected park closures and disruptions from Hurricane Milton could cut into Walt Disney's earnings, according to Goldman Sachs analysts.

Goldman Sachs' estimates for the parks segment for the recently ended fourth quarter will largely remain the same, with projected earnings per share of $1.16 and operating income of $3.8 billion.Guests at the Magic Kingdom break out ponchos at Cinderella Castle as bands of weather from Hurricane Helene move through Walt Disney World in Bay Lake, Florida, on Sept. 26, 2024.

 

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