Please ensure Javascript is enabled for purposes of website accessibility
Free Article Join Over 1 Million Premium Members And Get More In-Depth Stock Guidance and Research

3 Dates for Disney Investors to Circle in November

By Rick Munarriz - Nov 5, 2019 at 11:55AM

You’re reading a free article with opinions that may differ from The Motley Fool’s Premium Investing Services. Become a Motley Fool member today to get instant access to our top analyst recommendations, in-depth research, investing resources, and more. Learn More

The media giant has fresh financials, a new streaming service, and a big theatrical sequel on the way this month.

There are so many moving parts to Disney ( DIS -1.90% ) these days. The company behind the biggest movies, most visited theme parks, and strongest media empire never takes a month off, but November will be particularly busy for one of the planet's most popular consumer discretionary stocks.

Between earnings, the launch of a disruptive digital service, and another busy slate of theatrical holiday releases, Disney will be making a lot of news this month. Let's take a closer look at some of the dates that Disney investors will want to be watching.  

Mickey and Minnie Mouse in Halloween attire in front of the Magic Kingdom's castle.

Image source: Disney.

Nov. 7

Disney will serve up its fiscal fourth-quarter results shortly after Thursday's market close. Every financial report matters, but Disney has a lot to prove after a sloppy summertime report. Disney stunned investors by posting a decline in attendance at its domestic theme parks during the fiscal third quarter. A buoyant economy and the Disneyland debut of Star Wars: Galaxy's Edge during the quarter should've made it a blowout report, but that wasn't the case.

The March closing on its deal for key Fox assets should prop up top-line results -- the way it inflated revenue last time out -- but segment operating income still declined in the fiscal third quarter. Wall Street's holding out for a repeat performance, with revenue soaring 34% on the largely nonorganic growth stemming from the Fox deal with a sharp decline in per-share profitability. 

Nov. 12

Disney hopes to go from disrupted to disruptor next week when it launches Disney+. The new premium streaming service has been generating a lot of hype since it was announced earlier this year. Disney's massive content catalog and exclusive new shows stemming from its iconic franchises will help drum up a crowd. Disney has also helped make its own luck by pricing the platform aggressively and offering deep discounts to select groups willing to pay for as many as three years ahead of time. 

It remains to be seen how much of the growth at Disney+ will come at the expense of its television and cable networks business. Disney+ will inspire a fair amount of cord-cutting, but the migration is inevitable. Disney may as well be an ambitious leader as a frightened laggard. 

Nov. 22

When it comes to Disney's Frozen, a lot of fans haven't been able to "let it go" -- and later this month Frozen II will open at a multiplex near you. Disney scored a surprising hit with the original tale of Elsa with her glacial touch and her sister Anna six years ago, and we know Disney doesn't mind following up a monster hit with a sequel these days.

It remains to be seen if the new movie will have as catchy a soundtrack as the original, but with the first movie ringing up nearly $1.3 billion in ticket sales worldwide, there will definitely be a large built-in audience of folks who will check out the new animated film at least once. Disney already has this year's four highest-grossing movies, and Frozen II should slide in to give the House of Mouse the top five slots of 2019 by the time its multiplex run is done.

This article represents the opinion of the writer, who may disagree with the “official” recommendation position of a Motley Fool premium advisory service. We’re motley! Questioning an investing thesis – even one of our own – helps us all think critically about investing and make decisions that help us become smarter, happier, and richer.

Invest Smarter with The Motley Fool

Join Over 1 Million Premium Members Receiving…

  • New Stock Picks Each Month
  • Detailed Analysis of Companies
  • Model Portfolios
  • Live Streaming During Market Hours
  • And Much More
Get Started Now

Stocks Mentioned

The Walt Disney Company Stock Quote
The Walt Disney Company
DIS
$142.15 (-1.90%) $-2.75

*Average returns of all recommendations since inception. Cost basis and return based on previous market day close.

Related Articles

Motley Fool Returns

Motley Fool Stock Advisor

Market-beating stocks from our award-winning service.

Stock Advisor Returns
656%
 
S&P 500 Returns
144%

Calculated by average return of all stock recommendations since inception of the Stock Advisor service in February of 2002. Returns as of 12/02/2021.

Discounted offers are only available to new members. Stock Advisor list price is $199 per year.

Our Most Popular Articles

Premium Investing Services

Invest better with the Motley Fool. Get stock recommendations, portfolio guidance, and more from the Motley Fool's premium services.