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FBN’s Dennis Kneale on the outlook for Disney and what it could reveal about consumer spending.
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-- story with princess -- and starring guest is about a week since the Walt Disney company -- just a stellar.
By picking up Lucas -- -- the company is set to report earnings after the bell today.
So what kind of dollar should we expect from Disney Denis Neill has the details of course that look at something walk out yet wanted to create.
-- -- but it gives buzz the next three to get those good video and for the Walt Disney company the pressures although it did media giant -- -- define.
Had the fire disturbing traded just disappointing earnings at some of the rivals in the business did -- reports earnings after the close of trading today that results -- gonna give Wall Street to peak.
Yes into the media business but did they also providing the latest polls point on the global economy Wall Street to be watching.
Ad sales at ESPN and that ABC network.
Ad spending always the first thing this is -- any downturn right.
And Disney's theme parks will offer hands on whether consumers are spending more that sector is proving to be surprisingly resilient on this never ending economic -- Disney's movie studio cruise ship business Broadway musicals also offering a consumer.
-- -- How did -- had a great run of the past year stock wise it's up almost 50% or selling that arose in part to an obsessive focus on attention to detail and lean ops.
But also the mouse house -- owns one of the world's richest portfolios.
Of movie franchises that didn't just agreed to pay four billion dollars.
To by the not a one you know Star Wars empire George Lucas -- -- -- Darth Vader and Luke Skywalker to the avengers in the Marvel Comics universe when the biggest grossing films of the year.
And the Disney Pixar lineup of buzz light year and Toy Story and cars and more now those characters all perfect synergy vehicles for movies TV spin off theme park rides video games.
Toy tie ends so as the mouse -- a -- Wall Street looking for revenue growth almost 5% to nearly eleven billion dollars.
Net income -- up 11% earnings per share and even better 15% will see.
There's been some downside surprises but discover god help to the other day of the Cayman -- -- Right lower number but but ES -- you know -- that cost of acquiring programming for sports now is getting higher and higher guessing yet NFL ratings -- so.
Donating the dial and it's worth it so far -- off every time but I wanna see that ESPN you know -- market cap now up to ninety billion dollars.
ESP of one point was thirty billion over half a disease market cap and now the entire company's been fire and they had a good year they've really have -- really -- it's a great American company will be watching a lot of folks own it out there we know that it's widely -- -- the second the numbers come out we will get them to you thanks Dennis.
