Disney Stock News & Earnings

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I had the opposite thought. As a long-term investor, I thought it was way undervalued due to the Covid panic, and bought up 100 shares. It's been a nice year!

I still hate the fact that the soulless, uncreative executives are bent on cutting cost and pushing price at the parks every chance they get, but at least now I'm on the other side of that equation, too!

Now sell enough shares to cover your initial investment or put a limit order in to protect your initial investment, The runup of Disney stock is too much money chasing too few good opportunities it has ZERO to do with Disney's fundamentals.
 
Now sell enough shares to cover your initial investment or put a limit order in to protect your initial investment, The runup of Disney stock is too much money chasing too few good opportunities it has ZERO to do with Disney's fundamentals.

There is a heavy debt factor that has to be paid either short or long term. And then, I suspect, some of these overvalued tourism based companies will have a balance sheet reckoning.

It's a looming factor that can't be ignored.
 

Wow!!!! It was up more than $11 a bit ago for a new all time high of $201.58. Really incredible run during these uncertain times.
Just checked and I so excited!

Got this today..
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This year’s annual meeting will be virtual, and while we won’t be having a member event, we invite you to listen tomorrow, Tuesday, March 9 at 10 a.m. PT on our Investor Relations website to hear about all the exciting things happening at Disney. If you’re a registered shareholder you can log into the event 60 minutes beforehand using your 16-digit control number.
 
Just checked and I so excited!

Got this today..
pixel.gif

This year’s annual meeting will be virtual, and while we won’t be having a member event, we invite you to listen tomorrow, Tuesday, March 9 at 10 a.m. PT on our Investor Relations website to hear about all the exciting things happening at Disney. If you’re a registered shareholder you can log into the event 60 minutes beforehand using your 16-digit control number.

i had forgotten the meeting was this week. Thanks for the reminder!
 
Since the other thread on Q2 earnings turned into something else, we can use my old general thread to talk stock news...
 
Disney beat EPS big time. Disney streaming numbers lower then expected. Parks lost $406 million.


  • Earnings per share: 79 cents vs 27 cents expected in a Refinitiv survey of analysts
  • Revenue: $15.61 billion vs $15.87 billion expected in the survey
 
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