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Bob Iger Is Back to Fix Disney. What If It Isn’t Broken?

Por: MarketWatch Business November 22, 2022

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But how exactly can Iger resuscitate the stock? At 35 times projected free cash flow for the current fiscal year, it isn’t obviously cheap. Then again, free cash flow is pegged at only $4.6 billion or so, which would be the highest in five years but still less than half of what the company brought in just before that. So there’s plenty of room for improvement. Don’t blame Disney’s crimped earnings power on Covid-19 at this point. Its... + full article



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