Disney Q2 Financial Results Beat Estimates - To The Moon

Disney Q2 Financial Results Beat Estimates

Disney reported strong Q2 financial results with revenue of USD 23,621 million, surpassing the Ibes estimate of USD 23,141 million. Additionally, the adjusted EPS was USD 1.45, higher than the expected USD 1.2. The company also disclosed a total of 126.0 million Disney+ paid subscribers, slightly below the estimated 127.5 million. Moreover, Disney's free cash flow stood at USD 4,891 million, reflecting a robust performance in the quarter.

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- SuperDuper1SuperDuper1
  ·05-07
  Guidance is BS. Tourist arrivals is expected to decline sharply in 2024 and visitations to its theme parks will be adversely impacted. Between 18-22% of visits to Disney's theme parks in Florida dm California are foreigners . Also logical to expect visits to international theme in Shanghai, HongKong, Tokyo and Paris to deine bcoz it the trade war. Yet Bob Iygwr gives a bullish forecast and no analyst questions the logic.
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- SuperDuper1SuperDuper1
  ·05-07
  Guidance is BS. Tourist arrivals is expected to decline sharply in 2024 and visitations to its theme parks will be adversely impacted. Between 18-22% of visits to Disney's theme parks in Florida dm California are foreigners . Also logical to expect visits to international theme in Shanghai, HongKong, Tokyo and Paris to deine bcoz it the trade war. Yet Bob Iygwr gives a bullish forecast and no analyst questions the logic.
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