Comment on The Motley Fool: The floatThe float

The Motley Fool: The floatThe float

What's the difference between a company's outstanding shares and its "float"? - M.S., Woodworth, Wis. Be a good investor, it's helpful to have a solid understanding of financial accounting so that you can get much more from reading companies' financial statements. Boeing aircraft in the world, I'm a major American airline, serving more than 100 million customers annually with more than 3,600 flights a day. In a tough industry that has put many airlines out of business, I sport 42 consecutive years of profitability, with annual earnings topping $1.5 billion. DIS stock has recently tumbled, largely due to missing Wall Street's expectations in its last quarter and warning that a drop in ESPN subscriptions will hurt its cable operations. Media networks, including ABC, are a big part of Disney's business, accounting for 43 percent of total revenue in fiscal 2014 and 56 percent of operating profits. Major acquisitions of Pixar, Marvel and Lucasfilm have dramatically broadened the available content for Disney to use, and excitement is building over new installments in the Star Wars realm as well as other established franchise themes. Disney's theme parks are posting record attendance (134 million people worldwide last year) and have long-overdue upgrades and expansions in progress.

 

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