澳洲幸运5官方开奖结果体彩网

What You Need To Know Ahead of Disney's Earnings Report

The Disney+ logo on display at an event.

Chris Delmas / AFP / Getty Images

Key Takeaways

  • Disney will report third-quarter earnings before Wednesday's opening bell.
  • Analysts expect Disney to swing to a profit, after the company reported a loss in the prior quarter and year-ago period.
  • Investors will likely be watching for strength in the company's experiences segment, driven by its parks and cruises.
  • The company will also provide updates on its streaming business after securing NBA rights.

Disney (DIS) is set to report third-quarter earnings before the opening bell Wednesday, with investors likely to be watching for strength in its experiences segment and updates on its streaming business.

The company's revenue is expected to grow to $23.02 billion, according to estimates compiled by Visible Alpha. Net income is projected to come in at $1.83 billion or $1 per share, after the company reported a loss of $460 million or 25 cents per share a year ago.

    Analyst Estimates for Q3 2024  Q2 2024  Q3 2023
 Revenue  $23.02 billion  $22.08 billion $22.33 billion
 Diluted Earnings / (Loss) Per Share  $1  (1 cent) (25 cents)
 Net Income / (Loss)  $1.83 billion  ($20 million)  ($460 million)

Key Metric: Experiences Revenue

In the secon🥃d quarter, Disney said revenue from its experiences segment surged, driven by growth from its pꦚarks and cruises.

Disney CEO Bog Iger said the company sees "lots of opportunities to continue to grow attendance, both domestically and internationally," especially in its cruise business. Disney 澳洲幸运5官方开奖结果体彩网:recently announced it is launching a Tokyo-based cruise ship.

Analysts expect experiences revenue to come in at $8.59 billion, per consensus estimates, which would represent nearly 5% growth from the year-ago period.

Business🌜 Spotlight: Streaming Outlook After NBA Win

Disney has invested heavily in its streaming segment, with the company 澳洲幸运5官方开奖结果体彩网:reporting a surprise profit in the second quarter in its direct-to-consumer ente🍰rtainment segment, which consists of Disney+ and Hulu.

The company, 澳洲幸运5官方开奖结果体彩网:alongside its streaming c🌳ompetitors, has bet on sports through 澳洲幸运5官方开奖结果体彩网:its ESPN partnership. ESPN 澳洲幸运5官方开奖结果体彩网:recently secured NBA rights which could help Disney support its streaming business.

Recent movie releases, like "澳洲幸运5官方开奖结果体彩网:Inside Out 2" and "澳洲幸运5官方开奖结果体彩网:Deadpool & Wolverine," could also prop up its streaming segment as the titles make their way to Disney+.

Disney shares have lost close to 1% so far this year, at $89.57 as of Friday's close.

Do you have a news tip for Investopedia reporters? Please email us at
Article Sources
Investopedia requires writers to use primary sources to support their work. These include white papers, government data, original reporting, and interviews with industry experts. We also reference original research from other reputable publishers where appropriate. You can learn more about the standards we follow in producing accurate, unbiased content in our editorial policy.
  1. The Walt Disney Company. "."

Compare Accounts
The offers that appear in this table are from partnerships from which Investopedia receives compensation. This compensation may impact how and where listings appear. Investopedia does not include all offers available in the marketplace.

Related Articles