Why is Disney earnings so low?
Why is Disney earnings so low? It wasn't a one-off as earlier this month Disney announced that decreases in occupied room nights and attendance at its Orlando outpost during the third quarter of 2023 was partly responsible for a reduction in operating income across its entire domestic park operations.
Is Disney currently undervalued?
With its 4-star rating, we believe Disney's stock is undervalued compared with our long-term fair value estimate. Our updated $145 fair value estimate for Disney (lowered from $155 in May) reflects slower subscriber growth and lower losses from streaming.