SaxoTV

Earnings Season: Disney feeling the Force of Star Wars hype

534 views
The Walt Disney Company is expected to present strong results, when the company presents its fiscal fourth quarter earnings on Thursday after market close, says Peter Garnry. But investors are already looking ahead to the release of the new Star Wars movie, which could prove that the Force is indeed with Disney.

Garnry outlines what to expect from the earnings report from the entertainment giant, which owns a vast array of broadcasting networks, theme parks and movie franchises. He also looks at the mounting expectations ahead of the December 18 release of ‘Star Wars: The Force Awakens’, the seventh Star War movie, and the first to be released after Disney acquired Lucasfilm for USD 4 billion in 2012 from creator George Lucas.