DreamWorks Animation Delays Quarterly Earnings Release in Wake of Hurricane

 

DreamWorks Animation has rescheduled its third-quarter earnings announcement because of Hurricane Sandy, which landed on the shores of New Jersey with 90 MPH winds Monday night.

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DWA had been set to announce quarterly earnings on Tuesday but delayed the event until Thursday at 4:30 p.m. Eastern time.

While DWA is based in Glendale, Calif., many of the analysts who would presumably take part in a conference with DWA executives to discuss the company's earnings are located in New York, where Hurricane Sandy prompted Nasdaq and the New York Stock Exchange to shut down trading Monday and Tuesday.

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