3 Things You'll Want to Know When Walt Disney Announces Earnings
Walt Disney (NYSE: DIS) is one of the companies severely affected by the coronavirus pandemic. Significant portions of its operations depend on bringing large groups of people together. Many of those operations, like its theme parks, had to shut down during the pandemic and have been slow to return to normal. Although one bright spot for the company has been the customer response to its streaming service Disney+, it has not been nearly enough to make up for the losses elsewhere.
The company will report its fourth-quarter and full-year results on Nov. 12, and what follows are three important factors to pay close attention to, with each having the potential to change the trajectory of the company's stock price.
Source Fool.com