2019 Fiscal Q1 Disney Earnings Report

[TheMaxRebo]

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

interesting Hong Kong was up given the construction

 

[rteetz]

Second Quarter results to be affected by Easter falling in Q3, Fox deal closing, and a few other items.

 

[TheMaxRebo]

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

let's go live to Iger's office:

 

[rteetz]

Jessica Jones Season 3 will debut in Q3.

 

[rteetz]

let's go live to Iger's office:

He's talking at the moment. That will be after he's done with the call

 

[rteetz]

Captain Marvel will be the first film not part of the previous DTC licensing deals (Netflix).

 

[Tink1987]

let's go live to Iger's office:

Nah, he's too busy stripping more out of the parks despite the increase - I'm not that bitter, promise

 

[rteetz]

April 11th will be the big preview event for Disney+ for investors and media.

 

[rteetz]

The Walt Disney Company is a "collection of brands" according to Iger.

 

[rteetz]

Iger notes IP licensing with Lucasfilm in the parks and Avatar as a way they could continue to license post the Fox deal.

 

[rteetz]

Asked about sports gambling if it becomes legal will Disney get involved in such a thing. Iger says he doesn't believe they would do that at least in the short term.

 

[rteetz]

Iger says Marvel will continue to make and look into R rated movies.

 

[rteetz]

Iger - "I should just tweet [SWGE] is opening and thats enough" In terms of marketing the opening of the new lands.

 

[rteetz]

Iger continues to say they are working on pricing to combat crowding issues at the parks.

 

[TheMaxRebo]

Iger - "I should just tweet [SWGE] is opening and thats enough" In terms of marketing the opening of the new lands.

I mean, he's not wrong

Even with some of the movies out this year ... like, how many more people will they get to see Avengers 4 from a huge marketing push? Just open the movie, people will go

 

[TheMaxRebo]

Iger continues to say they are working on pricing to combat crowding issues at the parks.

I know that needs to be part of it but hope they come up with other ideas. Even if it means having the parks open more hours and selling separate tickets or something. I'd hate for the prices to like double just to keep crowds less crazy

 

[rteetz]

Bob says we are good at movies, parks, cruise ships, and media in response to video game possibilities. Basically he doesn't see Disney making many video games since thats not what they do.

 

[Iowamomof4]

Bob says we are good at movies, parks, cruise ships, and media in response to video game possibilities. Basically he doesn't see Disney making many video games since thats not what they do.

He says they've been successful in licensing with EA, for example. I wanted to throw my laptop out the window when I heard him say that!

 

[rteetz]

Disney has seen a soft period in Shanghai. Consumer confidence partially to blame.

 

[rteetz]

He says they've been successful in licensing with EA, for example. I wanted to throw my laptop out the window when I hear him say that!

Yeah they don't seem to want to make games just license them.