Will Disney roar like Winnie the Pooh after its earnings?
@pekss:
$Walt Disney(DIS)$ will be announcing its previous quarter results after the market closes today. With the reopening of global economies and international borders, Disney may count on the return of visitors by flocks to its theme parks, though at the same time users of its Disney+ streaming platform will also be pampered with increasingly more outdoor entertainment alternatives as COVID-19 restrictions get lifted, leading to earnings pressure on its streaming platform. Furthermore, Disney+ continues to face intense and rising competition from the likes of the incumbent $Netflix(NFLX)$ and aggressive $Amazon