3 ETFs For Disney Earnings

Posted by Todd Schriber

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Dow component Walt Disney Co reports fiscal second-quarter results after the close Wednesday in the company’s first report in the midst of the coronavirus outbreak.

Down 28.66% year-to-date, Disney is proving its sensitivity to the pandemic. Disneyland and Disney World are closed, though the latter could be inching toward reopening. Disney cruises aren’t sailing and there are no sports for ESPN to broadcast. So no, Disney+ and other stay-at-home entertainment options aren’t enough to carry the day for the stock in this environment.

Analysts are expecting Disney will post earnings of 93 cents per share on revenue of $18 billion. Last year, those numbers were $1.61 on sales of $14.9 billion.

Nearly 200 ETFs feature exposure to Disney. Here are a few to consider for today’s report…CLICK for complete article