The Week Ahead: Earnings From Disney and Discovery
Earnings slow down this week, and we're watching for key inflation data.
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Mentioned: The Walt Disney Co (DIS)
, Discovery Inc (DISCA)
Jeremy Glaser: It looks set to be a quieter week as earnings die down.
Disney reports on Tuesday. It's a busy time for the firm as it tries to gain regulatory approval for its Fox acquisitions, launch its direct-to-consumer streaming businesses, and deal with the headwinds facing ESPN as more consumers cut the cable cord. Analyst Neil Macker thinks the wide-moat firm is undervalued heading into earnings.
Jeremy Glaser has a position in the following securities mentioned above: DIS. Find out about Morningstar’s editorial policies.