A statue of Walt Disney and Mickey Mouse stands in a backyard in entrance of Cinderella’s Castle on the Magic Kingdom Park at Walt Disney World on May 31, 2024, in Orlando, Florida.
Gary Hershorn | Corbis News | Getty Images
Disney will report its fiscal fourth-quarter earnings earlier than the bell on Thursday, and Wall Street might be paying shut consideration to the state of its streaming and theme parks companies. Investors may even be listening for any particulars on the seek for CEO Bob Iger’s successor.
Here is what Wall Street expects Disney to report on Thursday, in keeping with analysts polled by LSEG:
- Earnings per share: $1.10 anticipated
- Revenue: $22.45 billion anticipated
Wall Street has been paying shut consideration to streaming’s path to profitability. Last quarter Disney’s mixed streaming enterprise, which consists of Disney+, Hulu and ESPN+, turned a revenue for the primary time.
Subscriber development might be prime of thoughts, too, particularly as Disney’s opponents in current weeks have reported hefty subscriber features. Warner Bros. Discovery stated Max added 7.2 million subscribers throughout its most up-to-date quarter, Netflix added 5 million prospects, and Comcast’s Peacock reported 3 million additions.
Still, media firms have begun to give attention to profit-driving measures, akin to ad-supported tiers and password sharing crackdowns.
“In the wake of huge subscriber gains at Max but deceleration at Netflix, all eyes are on Disney’s streaming numbers. The company is sure to experience a bump due to its password-sharing crackdown, but that will be short-lived,” stated Mike Proulx, analysis director and vp at Forrester.
The state of the theme park enterprise may even be prime of thoughts. Theme parks have been experiencing a slowdown in client demand within the U.S. Last quarter Disney reported flat attendance, notably at its U.S. parks.
Meanwhile, Disney lately introduced it can title CEO Iger’s substitute in early 2026, led by incoming chairman of the board, James Gorman. Investors might be eager to listen to additional particulars on the search.
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