Disney's Earnings to Give Insight on Streaming Business

2 weeks ago 34

When Walt Disney Co. reports its fourth-quarter net Tuesday afternoon, investors volition beryllium looking to spot if the streaming concern is making advancement toward profitability and however good the amusement giant’s taxable parks did this summer.

Disney bushed expectations erstwhile it announced third-quarter results successful August, reporting a 26% surge successful revenue. That 4th included record results from the taxable parks division, which has raised prices but besides introduced caller exertion to trim assemblage sizes and coax guests to instrumentality pursuing the worst of the coronavirus pandemic.

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