Asia Plus Analysts See Disney Stock Gaining Interest Ahead of Q4 High Season
Mitihoon
Key summary
Asia Plus analysts indicate that The Walt Disney Company (ticker: DISNEY19) is becoming an attractive investment opportunity for the fourth quarter. The firm expects the strongest operating results in the year to occur during Q4, driven by the high season for movie viewing and theme park tourism. All of the company's business segments are projected to grow this year, including films, sports, and Disney World. A key factor driving expected profit growth is the film 'Avengers: Doomsday', scheduled for release on December 17. Pre-sale ticket bookings for the film have reportedly exceeded $100 million.
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Official source
Mitihoon
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