Disney Heads Into Earnings With 7.4% Revenue Growth Expected
Updated
Updated · Yahoo Finance · Aug 5
Disney Heads Into Earnings With 7.4% Revenue Growth Expected
3 articles · Updated · Yahoo Finance · Aug 5
Summary
$25.48 billion in revenue is roughly what analysts expect when Disney reports before Wednesday's market open, implying about 7.4% year-on-year growth.
Estimate revisions have been largely unchanged over the past 30 days, signaling Wall Street expects Disney's business trends to hold steady into the release.
Disney posted $25.17 billion in revenue last quarter, up 6.5%, and beat EPS expectations, though it has missed revenue estimates multiple times over the past two years.
DIS shares are up 1% over the last month versus flat consumer discretionary peers and trade at $98.32, below the average analyst target of $126.51.