Theme park price increase will help bottom line. It is big increase. Beverages also increased double digit. This quarter we have both Star Wars and Zootopia, plus Has has a huge beat due to Star Wars toys. Last ER they said they will not report revenue from toys so that is also a bonus. Of course, they will take about ESPN. If not ESPN, Disney would trade at $150 by now. Euro cup is coming up in June so that is also a boost. I see more upside than downside.
I have seen this pattern with many mid cap or small cap companies post earning result. MM push the price down a bit so that retail got confused and sell their shares, the next day, it go back up and one week later, it is up 10% or more.