Steven Cahall, Wells FargoPick: Walt DisneyWhy: In his Dec. 20 report titled The 2024 Oracle, Cahall didnt sound too bullish looking ahead. We expect challenging trends, including advertising, cord-cutting and [streaming] profitability to persist into 24, he wrote. But, causes have effects: T
Date: Jan 02, 2024
Category: Entertainment
Source: Google
Netflix Earnings Preview: Analysts Cut Stock Price Targets As Wall Street Resets Expectations
international markets with lower ARMs and how the crackdown on password-sharing households is affecting the metric.While there may be a long(ish) tail of sharers still to come, sharers are not great members, argued Wells Fargo analyst Steven Cahall in a recent report, of password sharing accounts.Thi
Date: Oct 15, 2023
Category: Business
Source: Google
Disney Succession: Will a New CFO Have Keys to the Kingdom?
McCarthy has been CFO for 8 years and is regarded as a close confidant of Bob Iger, a straight shooter with the sellside/buyside and a strong operator for the upcoming focus on DTC margin improvement, Wells Fargo analyst Steven Cahall wrote in a note Friday. Her interim successor, Kevin Lansberry,
Date: Jun 19, 2023
Category: Business
Source: Google
David Zaslav Chases the One Metric to Rule Them All: Streaming Profits
Those moves, however, now seem prescient, with almost every other player in the space making similar adjustments. Theres no doubt the worst is behind WBD following a challenging merger integration period, Wells Fargo analyst Steven Cahall wrote in a post-earnings take.
Date: Feb 28, 2023
Category: Entertainment
Source: Google
Disney earnings leave more questions than answers as COVID-19 pressures theme parks and more
Wells Fargos Steven Cahall wrote that Disneys parks problems are still being fully understood. He estimates $3 billion a quarter in operating expense run rates, which Disney might be able to bring down to under $2 billion with furloughs and other cost savings.
Date: May 06, 2020
Category: Business
Source: Google
Intel and Citrix may benefit from coronavirus, but face same fate as Netflix
ertainment Inc. WWE-0.13%faces risk across the board from the coronavirus outbreak, wrote Wells Fargo analyst Steven Cahall. He worries that the crisis could reduce viewing of shows in empty arenas and expects that WWEs events business wont resume until late in the third quarter. Cahall wil
Date: Apr 22, 2020
Category: More news
Source: Google
Bob Iger Floats Temperature Checks at Disney Parks, but Wall Street Sees Two Years Before Normalcy Returns
Meanwhile, Wells Fargo analyst Steven Cahall downgraded Disney stock to equal weight on Tuesday, doubtful of the companys ability to get back to full force until testing and vaccines for COVID-19 become the norm.
Date: Apr 07, 2020
Category: Entertainment
Source: Google
Comcast Raises Its Offer For Sky To $34B, Continuing Battle With Fox
Just a couple of hours before the latest offer came through, RBC Capital Markets analyst Steven Cahall issued a research report titled The Final Countdown? In it, he looked at the two mega-deals in the final stages of bidding Sky as well as the Fox assets.