Disney Analysts Remain Unshaken By 'John Carter' $200M Write Down

Investors Assess Damage From Disney’s ‘John Carter’ Debacle
Disney Expects $200M Loss For ‘John Carter’

Disney John CarterThe early responses show that Disney watchers are miffed by the studio unit’s debacle with John Carter, but not enough to change their overall opinion of the company as one of their darlings. Here are some of the initial reactions. After the analyst’s name and affiliation, I’ve noted the person’s stock recommendation, any change in his or her earnings-per-share forecast for the fiscal year that ends in September, and key comments. I’ll add reports if and when they come in.

Drew Crum (Stifel Nicolaus) Rating: Buy. Change to FY 2012 EPS: -7 cents to $2.96. “(N)o change to our thesis here as we … continue to view the FY12 slate as weaker vs. last year…While discouraged by another large film loss (last year it was Mars Needs Moms) we’re not deterred and  continue to focus on the positives including Media Networks + Parks.” (more…)

This article was printed from https://deadline.com/2012/03/disney-analysts-remain-unshaken-by-john-carter-200m-write-down-246500/