Hurricane Milton could reduce Disney earnings, Goldman says

  • 📰 CNBC
  • ⏱ Reading Time:
  • 20 sec. here
  • 7 min. at publisher
  • 📊 Quality Score:
  • News: 28%
  • Publisher: 72%

Walt Disney Co News

Business,Climate,Media

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.

 

Thank you for your comment. Your comment will be published after being reviewed.
Please try again later.
We have summarized this news so that you can read it quickly. If you are interested in the news, you can read the full text here. Read more:

 /  🏆 12. in CA

Canada Canada Latest News, Canada Canada Headlines