Today we are watching…
1. Disney (#disney)
Disney investors’ dreams are coming true! The company is thundering into this week with fairytale numbers from the release of two mega-movies, the likes of which we’ve never seen before. Both ‘Avengers: Endgame’ and ‘The Lion King’ are proving to be home runs, the former surpassing ‘Avatar’ as the highest-grossing box office epic of all time, and the latter flying out of the traps this weekend with a $185 million haul. Investors couldn’t be happier, but is their glee already priced into the stock?
2. Whirlpool (#whirl)
Whirlpool’s stock has been a whirlpool of its own this year, the consumer goods company in the throes of both rampant optimism and grim pessimism. Manufacturing home appliances like laundry machines, cookers, and freezers, relies heavily on demand from the consumer. So, along with consumer confidence figures later this week, investors are listening into Whirlpool’s earnings today for an indication of how consumers are feeling. Analysts expect the company to earn $3.80 in profit per share on $4.9 billion in revenue.