Disney is set to report earnings after the bell – here's what to expect
Publishing timestamp: 2023-11-08 12:00:02
Summary
Disney is set to report its fiscal fourth-quarter earnings, and investors are looking for updates on CEO Bob Iger's plans for the company. Disney has been facing challenges such as streaming losses, lower advertising revenue, and the aftermath of the writers' strike. Analysts are optimistic about Disney's efforts to cut streaming losses, potential asset sales, and investments in its parks business. The article also mentions activist investor Nelson Peltz and former Marvel Entertainment Chair Ike Perlmutter, who are putting pressure on the company.
Sentiment: MIXED
Keywords: life, business news, earnings, netflix inc, entertainment, movies, breaking news: earnings, business, breaking news: business, comcast corp, walt disney co, media,
Source: https://www.cnbc.com/2023/11/08/disney-dis-earnings-report-q4-2023.html