Disney Has Some Big Questions to Answer Next Week
The shift in investor attitudes about Disney's (NYSE: DIS) business has been swift. The entertainment giant was riding high in mid-February after having successfully launched its video-streaming service and notching record consumer spending at its parks.
The stock then dove 40% in the following weeks as the COVID-19 pandemic forced the closing of most of Disney's resorts and scrambled other important segments like ESPN. That situation has raised the stakes for its upcoming earnings report, which should answer major questions for investors concerned about the financial impact of the global social-distancing efforts.
Let's take a look at some metrics to watch when Disney announces its second-quarter results on May 5.
Source Fool.com
