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WALT DISNEY COMPANY (THE)

(DIS)
  Report
Real-time Estimate Cboe BZX  -  01:27:36 2023-01-27 pm EST
109.98 USD   +0.25%
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Shanghai Disneyland to remain temporarily closed starting Nov. 29

11/28/2022 | 05:52pm EST

Nov 28 (Reuters) - The Shanghai Disney Resort said on Monday it will be temporarily closed starting Tuesday, Nov. 29 to comply with COVID-19 prevention measures.

The resort said it will provide refund or exchanges for all guests impacted during this period.

"We will notify guests as soon as we have a confirmed date to resume operations," it said, adding that Disneytown, Wishing Star Park and the two resort hotels will continue to operate normally.

The zero-COVID policy has kept China's official death toll in the thousands, against more than a million in the United States, but has come at the cost of confining many millions to long spells at home, bringing extensive disruption and damage to the world's second-largest economy.

Police on Monday stopped and searched people at the sites of weekend protests in Shanghai and Beijing, after crowds there and in other Chinese cities demonstrated against stringent COVID measures disrupting lives three years into the pandemic. (Reporting by Tiyashi Datta in Bengaluru; Editing by Shailesh Kuber)


ę Reuters 2022
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Analyst Recommendations on WALT DISNEY COMPANY (THE)
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Financials (USD)
Sales 2023 90 481 M - -
Net income 2023 5 951 M - -
Net Debt 2023 34 637 M - -
P/E ratio 2023 33,3x
Yield 2023 -
Capitalization 200 B 200 B -
EV / Sales 2023 2,59x
EV / Sales 2024 2,41x
Nbr of Employees 188 100
Free-Float 98,7%
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Technical analysis trends WALT DISNEY COMPANY (THE)
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TrendsBullishNeutralBearish
Income Statement Evolution
Consensus
Sell
Buy
Mean consensus BUY
Number of Analysts 30
Last Close Price 109,70 $
Average target price 122,52 $
Spread / Average Target 11,7%
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
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