Disney Said Expects Fiscal 2023 Contents To Come At $27B, Which Is Lower Than We Previously Guided -Conf Call
Portfolio Pulse from Charles Gross
Disney has announced during a conference call that it expects its fiscal 2023 contents to come at $27 billion, which is lower than previously guided.
August 09, 2023 | 9:04 pm
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NEGATIVE IMPACT
Disney's announcement of a lower than expected fiscal 2023 content budget may negatively impact investor sentiment.
Disney's announcement of a lower than previously guided fiscal 2023 content budget may be perceived negatively by investors, potentially leading to a decrease in the company's stock price in the short term.
CONFIDENCE 85
IMPORTANCE 75
RELEVANCE 100