Home Stock Hurricane Milton could reduce Disney earnings, Goldman says

Hurricane Milton could reduce Disney earnings, Goldman says

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Goldman Sachs predicts that Hurricane Milton could negatively impact Disney’s earnings. Natural disasters like hurricanes often can cause temporary shutdowns or reduced attendance in places such as theme parks. Additionally, related repair costs, as well as potential disruption in the production of films and shows, can lead to increased expenditure and decreased income. The extent of the impact on Disney’s earnings will depend on the duration and severity of the hurricane.

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