It is hard to believe, but 2024 is coming to an end, which means The Walt Disney Company still has one more financial quarter to discuss.
In August, The Walt Disney Company held its third-quarter earnings call. During this call, Disney revealed that the price for Disney+ would go up and their big plans for ESPN. Also during this call they also discussed that attendance in the parks was down, but they were confident that attendance would soon rise as they plan to add more IP (intellectual property) throughout the parks. This proved to be the case, during D23 almost every project announced for Disney World revolved around an IP. We now know the date for the final earnings call of the year.
These earnings calls are a way for the company to share updates and help shareholders know what their money and investments are going towards.
The fourth quarter earnings call will take place before regular trading opens on Thursday, November 14th. This live Q&A will be webcast and will start at 8:30 AM ET. During this call, they will also discuss the full fiscal year.
Typically, during these calls, CEO Bob Iger discusses the current financial standings of each of the company’s divisions. During the Q3 earnings call, we were surprised to hear CFO Hugh Johnston take over. We heard from Johnston nearly 80% of the time, and only about 20% of the time Iger talked.
We wonder if this will be the case again during the Q4 call or if Bob Iger will be heading the majority of the call as usual. We will be tuning in and updating you before, during, and after the call. So make sure to continue to follow along with Disney Food Blog so you never miss out on the latest Disney news!
naturaldisastergirl says
The only announcement I’m really waiting to hear, which is not earnings-call worthy, is that package delivery from shops in the parks and Disney Springs to the resorts will return. But with all the changes we’ve seen, now I’m afraid if it does come back, there will be a charge for it…