Disney Reports First Quarter Earnings
Disney reported first quarter earnings under new CEO Josh D'Amoro. The company noted a squeeze on consumer spending fueled by the war in the Middle East. Despite this, Disney expects earnings per share to grow 12% for this fiscal year.
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Sources · 7 independent
Bloomberg Radio
“This is because we return to the Middle East here because of a squeeze on consumer spending that was fueled by the war in the Middle East. But Disney did say that it expects EPS to grow 12% for this fiscal year.”
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