With such a drastic interruption to Disney’s business model, there have been lots of discussions on the kind of losses they’ll be enduring.
Analysts have been making tons of predictions as to what Disney’s financial loss will look like after all of this. Now, some are saying that Disney could lose around $1 billion every month that the parks remain closed. Let’s see what they’re looking at.
According to CNBC, Bernstein analyst Todd Juenger and his team are estimating a monthly impact of $1 billion to earnings before interest and taxes. This figure was determined after balancing offsets such as employee furloughs and the reopening of Shanghai Disneyland.
Now, Juenger acknowledges that the estimate could use some added information. “We intend to continue doing work to refine this estimate, but we don’t have much to go on,” he noted. “Disney did not provide nearly as much information as we had hoped with respect to the burn rate of Parks while they are closed or the economics of opening at reduced capacity.”
During their quarterly earnings call, Disney reported a hit of $1 billion to second-quarter revenue as the result of the closure of the parks, cruises, and stores. We’ll keep an eye on reports from Disney and analyst predictions.
To see more of what the analysts are saying, click here!
More Disney Park Closure Details and Info
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What do you think of these predictions? Let us know in the comments!




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