Disney Stock Plunges 11% To New Multi-Year Low On Earnings Miss, Weak Profit Outlook

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In a flurry of research notes, analysts debated the puts and takes from the earnings report and conference call with executives. Several of them slashed their stock price targets for the company, though they largely held steady with their recommendations to investors and didn’t issue downgrades based on the latest numbers.

The winner for cheekiest headline goes to Michael Morris of Guggenheim, who nodded to Obi-Wan Kenobi’s Jedi mind trick in titling his Disney note “These Are Not The Results You’re Looking For.” He dropped his 12-month price target to $115 from $145, but still has a “buy” on Disney shares. “The quarter and outlook were disappointing, but not as bad as headline numbers may suggest,” she wrote in a note to clients. “We believe underlying theme park demand remains healthy and the operating income miss is largely due to one-time items vs. moderating demand.

If you love your children you guard their childhood and let them just be a kid. Guarding their childhood means no more sick pedo crap from Disney and every other company like them. Looking at you CokaCola CBS NBC ABC

GoWokeGoBroke LiberalismIsAMentalDisorder

Let me see if I can find one..... Hmmmm Not here. Not here either. I cant find one ANYWHERE! Sorry, NO FUCKS GIVEN. gowokegobroke

It turns out that pissing off your customers to cater to your perverted, pedo employees isn't a good business strategy for a children's entertainment company. Who could've known?

Go Woke Go Broke horrible Disney 🤣

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Disney posts wide earnings and sales miss to wrap up record year, stock falls 6%Disney reported quarterly net income of $162 million, or 9 cents a share, on sales of $20.15 billion, down from $18.53 billion a year ago. Despite record sales and the best revenue growth in more than 25 years, the miss on quarterly earnings hurt $DIS: Or was it because of Freeland’s comments? I would be surprised if Disney is still around when I'm ready to retire. Luckily I was able to sell my stock near the peak.
Source: MarketWatch - 🏆 3. / 97 Read more »

STOCK MARKET NEWS: Disney Dow drag, election limbo dings stocks, Meta layoffs announcedStock market in limbo as control of House & Senate still being determined and ahead of big inflation report. Meta latest tech giant to slash workers, Disney disappoints. FOX Business is providing real-time updates on the markets, commodities and all the most active stocks on the move. Wake up Varney! Trump leads the Party. If DeSantis doesn’t team up with Trump for 1 term, I can tell you now, the GOP is finished. The US is finished. Socialism abounds. Too many fractures if they don’t team up. And one more thing. Florida has VOTER ID! The difference is clear. SandraSmithFox has zero clue. America has now chosen inflation, crime, open border and war on oil. Stop complaining or back National Voter iD.
Source: FoxBusiness - 🏆 458. / 53 Read more »