The Walt Disney Company just shared how much it thinks the coronavirus pandemic has cost its business so far.
Today the Walt Disney Company reported $18.01 billion in revenue and earnings of 60 cents per share for its fiscal second quarter of 2020, missing analysts’ profit estimates. In its first report since the coronavirus pandemic upended much of the world, Disney narrowly brought in more revenue than expected, per estimates published by CNBC, but make no mistake: The many-tentacled media empire is exposed just about everywhere.
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