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Hold up, Mickey, we may be on a wild trip.
During Disney ((B)) Inviting profits in the second quarter, CEO Bob Egar by phone from the United Arab Emirates, where the entertainment giant revealed an agreement to build the Disney Entertainment Park there.
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“Disney Land Abu Dhabi Disney will be clearly in the Emirati and the Emirati,” Earger said, “It will be an oasis of the extraordinary Disney entertainment of millions and millions of people at the crossroads of this world connecting travelers from the Middle East, Africa, India, and Europe and abroad.”
Related: Disney issues a major advertisement for parks after the amazing loss
Disney, which has 12 parks and six resort sites all over the world, intends to partner with Miral Group, which is based in the United Arab Emirates.
“Our imaginary team is already working in designing this large and very special destination, which will become a source of joy and inspiration for future generations,” Egger said.
Disney CEO encouraged the workforce
Abu Dhabi’s deal got a lot of media outlet Note that Egar said “It usually takes 18 months and two years for design and full development and about five years for construction, but we do not adhere to any obligations at the present time.”
“In other words … hold your horses,” said the veteran trader.
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Disney overcame Wall Street’s quarterly expectations, which are fed by a loud, flowing profit, local entertainment parks and Vidus sales in “Mawana 2”, according to what she said. diverse.
while American Disney Gardens It recovers from the weak demand last year, the international entertainment gardens began to see a decrease in traffic.
“Despite the questions about any total economic uncertainty or the impact of competition, it encouraged the strength and flexibility of our business as it is clear in these profits and in reservations in the second half in the Walt Disney world,” Egger said.
“He was mildly surprised” in the profit report.
“The Mouse Council is carried out at a higher level than I thought,” he said. “There were some mistakes, but the gardens carried football.”
Gilvoel said the Disney Double Dotty Service is increasing with the average revenue for each user for Disney+ International subscribers to grow well.
“The quarter was strong and the guidance was very strong,” he said.
However, the veteran in Wall Street noticed that the title of Disney and Rapid End the period at 0.67 and 0.61. It is modified for postponed revenues, these proportions rise but only to 0.84 and 0.76, respectively.
“If you know how to find your way about a public budget, I shouldn’t tell you about phrases other than Sachar that these proportions are horrific,” Gilvoel said. “Running with more debts that ripen in less than a year of getting money on hand is not sweet either.”
Veteran merchant: The current part of Disney for the public budget “Troop”
“The current part of Disney’s budget is a debris of an absolute train,” he added. “For me, despite strong cash flows and free cash flows, the terrible state of the public budget makes Disney inaccurate.”
Disney shares have decreased nearly 6 % since January and abroad slightly from last year.
Several investment companies released research reports after Disney published its results.
Guggenheim has reduced its target price on Disney to $ 120 from $ 130 and confirmed a classification on stocks, according to The Fly.
The investment company said that the “broad rhythm” of Wall Street estimates is coupled with management and/or raising most of the 2025 guidelines and long -term EPS growth expectations.
Guggenheim raised its expectations for 2025 after the strong financial quarter results and high -rate expectations.
Related: The veteran stock dealer has a surprise at the profits
Morgan Stanley has raised its target price on Disney to $ 120 from $ 110 and a repetition of weight gain.
The growth of the revenue of 7 % was on an annual basis at more than 2 percentage points before expectations, driven by local parks and ESPN, while Disney+ added the subscribers and directs continuous growth.
The analyst said that despite the last gathering, the shares have a large translation of the macroeconomic. MS argues that the instructions that indicate $ 7 of the $ 2027 financial profit will move the stock towards the $ 155 bull issue, which does not assume any recession and Disney’s continued to excel its initial guidelines last November.
UBS raised its goal on Disney to $ 120 from $ 105 and repeated the purchase classification.
The investment company was described as results in the second quarter, led by stronger experiences, improvement in written profits directly to the consumer, and flexible written profits.
While the background of the macroeconomic economy is dynamic, the administration has proposed the minimum impact so far with garden reservations in the second half a year ago.
All three companies now spoil the Disney goal at $ 120, or about 14 % of the current level of the share.
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