Heading into its fiscal second quarter earnings announcement on Tuesday, Disney shares are trading around an all-time high, up about 50 percent over the past 12 months. With analysts growing increasingly optimistic this quarter, and the majority of analysts rating the company a "buy," the big question is whether the media giant will beat expectations. ...
This quarter the studio, bolstered by "Oz: The Great and Powerful," faces easy comparisons to the year-ago quarter when big budget "John Carter" bombed. Perhaps even more important than this past quarter's films, are the current quarter's, including "Iron Man 3," which opened last weekend with the second biggest U.S. box office debut ever—$175 million. ...
Analysts are projecting Disney's fiscal second quarter revenue to grow 9 percent to $10.49 billion, while earnings per share are projected to grow 32 percent to 76 cents. ...
Say what you will about Robert Iger, he has presided over steady growth during his time at the helm of Diz Co.
So I get the logic of cutting wages and personnel from various divisions. He wants to keep expenses down when the Mouse shells out heavy coin for the Lucas companies, the Marvel Company, etc. I'm just not sure I agree with all the thinking in that direction.
But what do I know? I'm a Marxist-Socialist labor thug.
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