Disney - No way home?

Even though share prices rallied after results, analysts were worried of the same old problems and also a surprise loss.

So what happened in the latest quarter? Will it be a long-term problem?

Disney's revenue continues to rise and grow, but the surprise that left investors in the lurch is the operating loss.

Disney booked a one-off restructuring and impairment charges of USD 2.65 billion.

Theatrical releases-wise, CEO Bob Iger also acknowledged that Disney struggled to gain traction. The only outliers were “Avatar: The Way of Water” and “Guardians of the Galaxy: Vol. 3″.

The age-old concern comes back to haunt investors - drop in Disney+ subscribers.

Even though domestic US subscribers suffered a dip, the DTC business continue to edge closer to parity.

DISCLAIMER
The information available in this article/report/analysis is for sharing and education purposes only. This is neither a recommendation to purchase or sell any of the shares, securities, or other instruments mentioned; nor can it be treated as professional advice to buy, sell or take a position in any shares, securities, or other instruments. If you need specific investment advice, please consult the relevant professional investment advice and/or for study or research only.