Disney set to report Q3 earnings with revenue expected to hit $25.41 billion

Earnings
โดย Seeking Alpha·Read original
Summary · why it matters

Walt Disney is scheduled to report its third quarter results on Wednesday after the market close. Wall Street expects earnings per share of $1.85, a 14.9% increase, and revenue of $25.41 billion, up 7.4% from a year ago. Investors will focus on the streaming business and the experiences division, which includes parks, cruise ships, and consumer products, amid higher prices and volatile economic conditions. Analysts at Citi see risk to fourth quarter estimates following Comcast's recent commentary about weaker park attendance, while Jefferies noted that the success of Toy Story 5 likely aided the entertainment segment. Disney has beaten EPS estimates 100% of the time over the last two years and revenue estimates 75% of the time.

Impact on stocks 5

Communication Services · 2 stocks
Walt Disney Company
DIS
± MixedCapitalrelevance

Disney is set to report Q3 earnings; results and guidance will determine impact.

Cloud & Digital Infrastructure · 1 stocks
Comcast Corp
CMCSA
▼ NegativeDemandrelevance

Comcast's commentary about weaker park attendance is cited as a risk for Disney, implying soft demand in the sector.

Digital Finance & Tokenization · 1 stocks
Financials · 1 stocks