2019 Fiscal Q1 Disney Earnings Report

[rteetz]

https://www.thewaltdisneycompany.com/disneys-q1-fy19-earnings-results-webcast/

Results and call will be had later this afternoon.

 

[rteetz]

Some expectations for today’s report

https://www.thestreet.com/investing/earnings/disney-earnings-release-tuesday-14854319

 

[Iowamomof4]

 

[Spaceguy55]

they beat expectations..so they got that going for them.

 

[lugnut33]

Going to guess that guest revenue is up up up

 

[TheMaxRebo]

they beat expectations..so they got that going for them.

—Earnings: $1.84 per share, vs $1.55 per share expected, according to Refinitiv

—Revenue: $15.30 billion, versus $15.14 billion expected, according to Refinitiv

Stock up 2% in post close trading

 

[Spaceguy55]

next 2 quarters might be a challenge

 

[lugnut33]

next 2 quarters might be a challenge

No they won't, expect a big price increase at WDW to help bolster those revenues during SWGE construction.

 

[Iowamomof4]

How long do these calls typically last?

 

[Spaceguy55]

No they won't, expect a big price increase at WDW to help bolster those revenues during SWGE construction.

that's what makes a market

 

[TheMaxRebo]

next 2 quarters might be a challenge

No they won't, expect a big price increase at WDW to help bolster those revenues during SWGE construction.

be interesting to see what happens - obviously Disney is putting out specials (Free dining, etc) for summer and also releasing dates for Halloween Parties early to get people to book now for says later (so get more $ today)

Also several big films out so if Captain Marvel and Avengers 4 does well I am sure that will be highlights

Lastly I am interested to see if they give more timing to Disney+

 

[rteetz]

Call just getting underway...

 

[rteetz]

Disney stock ended the day up .72% to 112.618

Disney revenues beats the street with earnings of $1.84 earnings per share vs expected earnings of $1.55

Revenue was $15.3 billion compared to $15.14 billion expected

Disney parks saw a 10% income growth compared to the prior year

Disney is spending more money on their domestic parks spending 838 million in captial projects Oct-Dec 2018 compared to 646 million in the previous year quarter

Via Laughing Place Live Blog

 

[rteetz]

Bob Iger believe in ESPN and Live Sports. ESPN+ has 2 million paid subscriptions.

 

[rteetz]

Disney and Fox are waiting for a few more regulators to approve the deal (Mexico and Brazil are two I believe).

 

[rteetz]

Guest spending, and occupancy rates up.

Attendance was comparable to Q1 last year.

Booked rates are up 1%.

 

[rteetz]

Media revenue was up 7%

 

[rteetz]

1% decline in subscribers

 

[rteetz]

Dates of the college football playoff contributed to some changes in media numbers.

 

[rteetz]

Revenue was up at Hong Kong Disneyland but offset by decreases at Shanghai and Paris.