The Walt Disney Company has announced that they will release their 3rd Quarter earnings on Tuesday, August 6th after the end of regular trading.

What is Happening:

  • Disney will release their earnings as well as hold a conference call to discuss their financial results

When is it Happening:

  • The results will be revealed after the end of trading (4 pm ET). They will be posted to the Disney Investors website
  • Following the release, Disney executives will discuss the results via a conference call at 4:30 pm ET /1:30 pm PT

3rd Quarter?

  • If you are wondering how they could announce their 3rd quarter in August, it is because Disney’s fiscal year begins in October
  • As far as Disney is concerned, the 3rd quarter runs from April through June

What to Listen For:

  • Information regarding the performance of ESPN+ and the plans to roll-out Disney+
  • Now that Disney has operational control of Hulu, investors want to know what level of investment Disney plans to make towards the service
  • How the first month of Star Wars: Galaxy’s Edge has impacted results at the Disneyland Resort
  • More information regarding the integration of 21st Century Fox including an update on how Disney is achieving “cost synergies.”

More Information:

  • Laughing Place will have full coverage of the earnings release and the subsequent conference call
 
 

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