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Fly News Breaks for September 19, 2019
DIS
Sep 19, 2019 | 05:03 EDT
Imperial Capital analyst David Miller lowered his fiscal Q4 earnings per share estimate for Disney to 94c from 96c to reflect the "dim prospects" for upcoming film Ad Astra. It looks like Ad Astra is set to open somewhere between $19M and $22M, very low relative to its negative cost, says the analyst, which he believes is $85M. Miller points out that Disney acquired the film in the 21st Century Fox acquisition. The analyst also lowered his price target for Disney shares to $139 from $140 and kept an In-Line rating on the name.
News For DIS From the Last 2 Days
DIS
Apr 23, 2024 | 06:17 EDT
