CastAStone
Math and business nerd. Not an insider.
- Joined
- Jun 25, 2019
Disney reports $94 Billion Dollars in Equity (Assets minus Liabilities, eg what they can still borrow against if needed).
I would expect it to tank tomorrow after this call.
it's been bouncing around in after hours trading.Disney trending positively in after hours trading currently.
And back down... sort of staying steady though.Disney trending positively in after hours trading currently.
And back down... sort of staying steady though.
I think that was a WDW-specific number.Bottom line, the $20-30 million loss per day that was reported a couple of weeks ago is accurate.
Yeah, Q3 is where we will see the big hit.I dont think the stock will tumble after reading the actual doc - they were right on target with what they thought would happen to the losses - they are positioned to be strong out of the gate as soon as they get a green light to open.
Yes, any trader that is paying attention already knew all this info, it is pretty straightforward. Joe blow might sell on this news but not the people that move the price.No, it will be fine.
The only way it tanks is if one of the guys on the conference call blurts out something stupid like they'll be closed the rest of the year (which of course, won't happen).
True, but ad revenue will be down for Q3 and the big question is going to be fall original TV with the networks not being able to shoot pilots and uncertainty surrounding when productions can go back to work to shoot their next season.Plus the report shows the media networks and properties generate more revenue than the parks, helps a lot
My kids have watched the Magic Happens parade so many times that I recognized it instantly despite not having been to Disneyland since it opened.Hold music is fun this go around at least.
That music just made me sad. I got very very lucky to see it twice before this all stared. It was the last thing I did in a Disney park before the closures. It was a good day, got to ride ROTR and see the parade.My kids have watched the Magic Happens parade so many times that I recognized it instantly despite not having been to Disneyland since it opened.
I was supposed to be there this coming weekend actually...
They certainly don't want to make it worse.The upbeat music is strange for an earnings call of a company that’s losing $20M a day lol