Disney’s recent financial results demonstrated that the company continued progress towards more normalized operations across its businesses. Its increased subscription fees from their direct-to-consumer services drove revenue growth during the quarter and the subscriber growth managed to outperform rival and OTT market leader, Netflix. Th company set new advertising revenue records for the segment, as advertiser demand for their live sports, streaming, and digital businesses remain strong. With the post Covid-19 recovery in progress, Disney has reimagined its parks business, significantly increased its investment in content creation, and implemented a reorganization to facilitate its ongoing transformation. The management plans to open Avengers Campus at Disneyland Paris later this summer, where the iconic Quinjet landed a few weeks ago ahead of the resort’s 30th anniversary celebrations and debut Guardians of the Galaxy: Cosmic Rewind, an innovative new roller coaster at Epcot. We give Disney a ‘Hold’ rating with a revised target price.
Our Report Structure:
⦁ Company Overview
⦁ Investment Thesis
⦁ Key Drivers
⦁ Historical Quarterly Statement Analysis – Income Statement & Cash Flows
⦁ Historical Quarterly Balance Sheet Analysis
⦁ Historical Annual Financial Statement Analysis
⦁ Analysis Of Key Financial Ratios
⦁ Financial Forecasts For 3 Years
⦁ Forecasting The Capital Structure & Net Debt
⦁ Discounted Cash Flow Valuation
⦁ Trading Multiples
⦁ Key Risks
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