Goldman Sachs financial analysts have proposed that the potential impact of Hurricane Milton could negatively affect Disney’s earnings. Extreme weather conditions such as hurricanes can often lead to the closure of parks and resorts for safety reasons, which produces a significant loss in revenue for the company. This can also affect the profitability of Disney’s other business segments, such as consumer products and its media networks, due to disruptions in supply chains and broadcasts. Furthermore, the rebuilding process after a hurricane can entail significant costs. However, so far, no official statement has been made by Disney regarding this prediction.
Hurricane Milton could reduce Disney earnings, Goldman says
Goldman Sachs financial analysts have proposed that the potential impact of Hurricane Milton could negatively affect Disney’s earnings. Extreme weather conditions such as hurricanes can often lead to the closure of parks and resorts for safety reasons, which produces a significant loss in revenue for the company. This can also affect the profitability of Disney’s other business segments, such as consumer products and its media networks, due to disruptions in supply chains and broadcasts. Furthermore, the rebuilding process after a hurricane can entail significant costs. However, so far, no official statement has been made by Disney regarding this prediction.
