Make your money go further for just 25p per day

Walt Disney misses expectations

Walt Disney standing with Mickey Mouse outside Cinderella Castle at Disneyland

Walt Disney has dominated the international media market for most of its near 100-years. Apart from a blip in the early 2000s – one that has been rectified by a series of excellent acquisitions – growth and quality have appeared in bucket loads. This is the ultimate guide to updates from this excellent company.


Walt Disney's (US: DIS) earnings were always expected to fall in the three months to June 2019. Chief executive Bob Iger says the numbers "reflect our efforts to effectively integrate the 21st Century Fox", which was acquired in March. Still, the market was disappointed by earnings per share of $1.35 - a long way below the $1.75 expectations set by analysts for the usually very reliable entertainment giant and Mr Iger said the Fox integration would continue to impact profits for the remainder of the year. 

There were other operational disappointments in these numbers. Dark Phoenix - which the group inherited…

Sign up and read the full article

Register to continue reading this article.

Get FREE access now

Already a member? Login


Previous article Next article

Have your say

Log in or register to view or add comments.

For access to the top news and insights from the investment world

REGISTER FREE TODAY

Become a Champion Investor for as little as £3.20 per report or get a year's worth of money-making analysis for just £90.

START FREE TRIAL

More on Walt Disney

US strength helped our Ultimate Stocks portfolio beat UK gloom in Q3

01/10/2019 · Portfolio

A summer of political turmoil (and its knock-on impact on the UK stock markets) has hampered…


Media mergers round two: game on

15/08/2019 · News & Insights

Viacom and CBS are in the final stages of merger talks as the frenzy for consolidation…


More Portfolio Flash News

Nestle vs Unilever: which is the better consumer giant?

17/10/2019 · Nestle SA

Moneysupermarket dips on weaker money outlook

17/10/2019 · Moneysupermarket.com

Tristel delivers impressive financial results

16/10/2019 · Tristel