Log in
Log in
Or log in with
GoogleGoogle
Twitter Twitter
Facebook Facebook
Apple Apple     
Sign up
Or log in with
GoogleGoogle
Twitter Twitter
Facebook Facebook
Apple Apple     

WALT DISNEY COMPANY (THE)

(DIS)
  Report
Delayed Nyse  -  04:03:43 2023-02-02 pm EST
113.21 USD   +3.49%
12:16aNews Highlights: Top Financial Services News of the Day
DJ
02/02Indian Morning Briefing: Asian Markets Broadly Lower
DJ
02/02Communications Services Up After Meta, Publicis Earnings -- Communications Services Roundup
DJ
SummaryQuotesChartsNewsRatingsCalendarCompanyFinancialsConsensusRevisionsFunds 
SummaryMost relevantAll NewsAnalyst Reco.Other languagesPress ReleasesOfficial PublicationsSector newsMarketScreener Strategies

Disney warns restructuring could result in impairment charges

11/29/2022 | 05:53pm EST

Nov 29 (Reuters) - Walt Disney Co on Tuesday said it anticipates organizational and operational changes in the company that could result in impairment charges, according to a regulatory filing.

The changes follow Bob Iger's return as Disney's chief executive officer.

Disney said Iger's mandate is to put the company on the path for renewed growth. As he sets a strategic direction for the company, Disney said it anticipates changes in the coming months.

On the first day on the job, Iger announced plans to restructure the Disney Media and Entertainment Division, a unit his predecessor created in October 2020 to centralize the distribution of content.

The restructuring and change in business strategy, once determined, could result in impairment charges, the company said in its filing.

Read more:

'Boomerang CEOs' don't always work out; Disney hopes this one bucks trend

Disney brings back Bob Iger as CEO in surprise move to boost growth

Disney CEO Iger makes profitable streaming a priority

(Reporting by Dawn Chmielewski in Los Angeles; Editing by Mark Porter and Lisa Shumaker)


ę Reuters 2022
All news about WALT DISNEY COMPANY (THE)
12:16aNews Highlights: Top Financial Services News of the Day
DJ
02/02Indian Morning Briefing: Asian Markets Broadly Lower
DJ
02/02Communications Services Up After Meta, Publicis Earnings -- Communications Services Rou..
DJ
02/02Walt Disney Urges Shareholders to Ignore Activist Investor Nelson Peltz
MT
02/02The Walt Disney Company Underscores Board Strength and Focus on Value Creation, Sends L..
BU
02/02Trian Fund Management Urges Shareholders to Put Hedge Fund's CEO on Disney Board
MT
02/02Disney says the election of nelson peltz or his son 'would threa…
RE
02/02Disney sends letter to shareholders telling them it does not end…
RE
02/02Trian Fund Management Urges Disney Shareholders to Elect Nelson Peltz to Board, Replaci..
MT
02/02Peltz's Trian seeks to rally Disney shareholders against board director Fro..
RE
More news
Analyst Recommendations on WALT DISNEY COMPANY (THE)
More recommendations
Financials (USD)
Sales 2023 90 513 M - -
Net income 2023 5 849 M - -
Net Debt 2023 34 505 M - -
P/E ratio 2023 35,1x
Yield 2023 -
Capitalization 207 B 207 B -
EV / Sales 2023 2,67x
EV / Sales 2024 2,47x
Nbr of Employees 188 100
Free-Float 98,7%
Chart WALT DISNEY COMPANY (THE)
Duration : Period :
Walt Disney Company (The) Technical Analysis Chart | MarketScreener
Full-screen chart
Technical analysis trends WALT DISNEY COMPANY (THE)
Short TermMid-TermLong Term
TrendsBullishNeutralNeutral
Income Statement Evolution
Consensus
Sell
Buy
Mean consensus BUY
Number of Analysts 30
Last Close Price 113,21 $
Average target price 122,98 $
Spread / Average Target 8,63%
EPS Revisions
Managers and Directors
Robert A. Iger Chief Executive Officer & Director
Christine M. McCarthy Chief Financial Officer & Senior Executive VP
Susan E. Arnold Chairman
Diane Jurgens Chief Information Officer
Rebecca Campbell Chairman-International Content & Operations
Sector and Competitors
1st jan.Capi. (M$)
WALT DISNEY COMPANY (THE)25.91%206 810
FORMULA ONE GROUP18.65%16 390
PARAMOUNT GLOBAL44.55%15 979
THE LIBERTY SIRIUSXM GROUP4.55%13 374
ITV PLC16.42%4 077
GRUPO TELEVISA, S.A.B.36.51%3 648