rotten news relay - soc.motss - Re: Queer Bed-shitter Walt Disney Near Two-Year Low Ahead of Report

Subject: Re: Queer Bed-shitter Walt Disney Near Two-Year Low Ahead of Report
From: Monkeypox Gay Pride
Newsgroups: alt.politics, talk.politics.guns, soc.motss, alt.politics.nationalism.black, soc.culture.usa
Date: Tue, 12 Jul 2022 03:25 UTC
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Date: Tue, 12 Jul 2022 05:25:58 +0200 (CEST)
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Newsgroups: alt.politics,talk.politics.guns,soc.motss,alt.politics.nationalism.black,soc.culture.usa
From: obama-monkeypox-fags@splcenter.org (Monkeypox Gay Pride)
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Subject: Re: Queer Bed-shitter Walt Disney Near Two-Year Low Ahead of Report
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In article <t2al9n$3g466$356@news.freedyn.de>
<governor.swill@gmail.com> wrote:
>
> Amazing Answers wrote
>
> Enjoy your Ass Injected Death Sentence.

Dow component Walt Disney Co. (DIS) reports Q2 2022 results next
week, with analysts looking for a profit of $1.19 per-share on
$20.04 billion in revenue. If met, earnings-per-share (EPS) will
mark a 51% profit increase compared to the same quarter last
year, when renewed Covid restrictions delayed reopening plans.
The stock rallied to 157 after beating Q1 estimates in February
but that buying spike marked the highest high in the last three
months, ahead of a major decline that�s relinquished 25% of its
value.

Politics vs. Profits
The Mouse has lost nearly 45% in two months since posting an all-
time high above 200 in March, close to repeating 2020�s 49%
somersault. Worse yet, the company is entangled in hot-button
social justice issues, practically ensuring that half of its
diverse customer base is angry with its actions. That�s no way
to protect an American brand that�s defined wholesome family
entertainment since �Steamboat Willie� was released in 1928.

Disney rallied in 2020 on the rapid growth of its streaming
service but recent subscriber numbers have been mixed, for the
same reason that Netflix Inc. (NFLX) recently warned about
subscriber losses in the second quarter. Many who were stuck at
home with kids in the first year of the pandemic subscribed to
Disney+ to keep them engaged between Zoom school sessions. That
phenomenon �pulled forward� future sales, generating a classic
saturated market for streamers.

Wall Street and Technical Outlook
Wall Street has been asleep at the wheel during the Disney
decline, generating an �Overweight� consensus based upon 21
�Buy�, 2 �Overweight�, and 8 �Hold� recommendations. Worse yet,
price targets currently range between a low of $130 and a Street-
high $229 but the stock will trade on Friday more than $20 below
the low target. This huge disconnect highlights the failure of
analysts to measure the financial impact of the Netflix warning
and social justice controversy.

Walt Disney finally cleared 2015 resistance at 122 in December
2020, entering a brief uptrend that hit an all-time high at
203.02 in March 2021. The subsequent decline sliced through the
2019 high in January 2022, signaling a failed breakout that�s
dropped the stock to levels first struck in April 2015. Disney
pays no dividend so that horrific performance translates into a
zero seven-year return, making it one of the Dow�s worst
performers. Accumulation has dropped to a 10-year low at the
same time, further darkening the long-term outlook.

Catch up on the latest price action with our new ETF performance
breakdown.

Disclosure: the author held no positions in aforementioned
securities at the time of publication.

This article was originally posted on FX Empire

https://finance.yahoo.com/news/walt-disney-near-two-low-
122832113.html

Subject	Author
Re: Queer Bed-shitter Walt Disney Near Two-Year Low Ahead of Report	Monkeypox Gay Pride

Don't worry so loud, your roommate can't think.

soc / soc.motss / Re: Queer Bed-shitter Walt Disney Near Two-Year Low Ahead of Report