Star India's Overall Revenue For Fiscal Year Ending September 2023 Expected To Drop Around 20% To Less Than $2 Billion
Portfolio Pulse from Benzinga Newsdesk
Star India, a subsidiary of Disney (DIS), is expected to see a 20% drop in overall revenue for the fiscal year ending September 2023, falling to less than $2 billion.
July 11, 2023 | 8:33 pm
News sentiment analysis
Sort by:
Descending
NEGATIVE IMPACT
Disney's subsidiary, Star India, is expected to see a significant drop in revenue, which could negatively impact Disney's overall financial performance.
Star India's projected revenue drop is significant and could negatively impact Disney's overall revenue and profitability. This could potentially lead to a decrease in Disney's stock price in the short term.
CONFIDENCE 90
IMPORTANCE 75
RELEVANCE 100