Disney beats on top line but Q2 earnings plummet, wiping out $1 billion

On Tuesday, Disney announced its second-quarter earnings report which beat investors’ expectations on the top line while missing on the bottom. The entertainment company cited that coronavirus had a major impact on the parks and experiences sector, though it offered no guidance for the third quarter. Yahoo Finance’s Myles Udland and The Final Round panel break down the earnings report.
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Category : Kids Channel

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