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Wall Street bracing for bad news from the Mouse House with Disney results due

Wall Street bracing for bad news from the Mouse House with Disney results due

Disney has taken a particularly hard hit during the pandemic with the majority of its business — theme parks, vacation resorts, movie production, cruises, live sporting events — having ground to a halt. Analysts expect a decline around 45% year-on-year of Disney’s second-quarter per-share earnings, falling to 88 cents, on 19.4 percent revenue growth, to $17.81 billion.

Timothy
Timothy
Top in Business