Disney’s (NYSE:DIS) continued investments in its theme parks are likely to increase attendance levels in second-quarter fiscal 2019, which it is set to report on May 8.
The second-quarter results are expected to benefit from solid performance of Captain Marvel and growing subscriber base of ESPN+. However, heightened level of investments is expected to drag down profitability.
Notably, the company reported revenues of $15.30 billion in first-quarter fiscal 2019, which remained with the year-ago quarter but surpassed the consensus mark of $15.18 billion.
Click here to know how Disney’s overall second-quarter fiscal 2019 performance is likely to be.
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