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Disney (DIS) has an impressive earnings surprise history and currently possesses the right combination of the two key ingredients for a likely beat in its next quarterly report.
When Hurricane Milton hit Orlando, all its major theme parks closed, including Universal Orlando, Busch Gardens, and LEGO Florida.
Disney's original theme park resort announced higher ticket prices this week. It's not as bad as you think.
Walt Disney World said on Wednesday its theme park in Florida would remain closed on Thursday, joining other major Orlando attractions preparing for Hurricane Milton, which is expected to make landfall in the state on Thursday.
Weekends and holidays, which are the highest volume days, will be hiked 6.2% from $194 to $206 a day effective immediately.
Despite an elevated valuation and competitive pressure, DIS' iconic brand and revitalized theme parks and cruise business make the stock worth a watch.
Walt Disney (DIS) closed the most recent trading day at $92.51, moving +0.13% from the previous trading session.
Walt Disney World will close early on Wednesday as Florida braces for Hurricane Milton. The amusement park rarely shuts down, as hurricanes don't typically hit Orlando.
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Goldman Sachs analysts have predicted that Hurricane Milton, expected to make landfall in central Florida, will negatively impact The Walt Disney Company's (DIS, Financial) earnings. The hurricane may lead to park closures and operational disruptions, potentially reducing Disney's earnings before interest and taxes (EBIT) by approximately $150 million to $200 million in the first quarter of fiscal year 2025.