Disney (DIS - Free Report) is slated to report second-quarter fiscal 2019 results on May 8.
Notably, the company’s earnings beat the Zacks Consensus Estimate in three of the trailing four quarters and missed estimates in the remaining quarter, the average positive surprise being 8.66%.
In first-quarter fiscal 2019, adjusted earnings of $1.84 per share comfortably beat the Zacks Consensus Estimate of $1.57 but declined 2.6% from the year-ago quarter. Revenues of $15.30 billion almost remained flat from the year-ago quarter but surpassed the consensus mark of $15.18 billion.
The Zacks Consensus Estimate for second-quarter fiscal 2019 earnings has increased 0.6% over the past seven days to $1.59 per share. However, the figure indicates decline of 13.6% from the year-ago reported figure. The consensus mark for revenues, which is pegged at $14.64 billion, indicates growth of 0.7% from the year-ago period reported figure.
Let’s see how things are shaping up for this announcement.
The Walt Disney Company Price and EPS Surprise
Zacks Names "Single Best Pick to Double"
From thousands of stocks, 5 Zacks experts each have chosen their favorite to skyrocket +100% or more in months to come. From those 5, Director of Research Sheraz Mian hand-picks one to have the most explosive upside of all.
It’s a little-known chemical company that’s up 65% over last year, yet still dirt cheap. With unrelenting demand, soaring 2022 earnings estimates, and $1.5 billion for repurchasing shares, retail investors could jump in at any time.
This company could rival or surpass other recent Zacks’ Stocks Set to Double like Boston Beer Company which shot up +143.0% in little more than 9 months and NVIDIA which boomed +175.9% in one year.
Free: See Our Top Stock and 4 Runners Up >>
Disney (DIS - Free Report) is slated to report second-quarter fiscal 2019 results on May 8.
Notably, the company’s earnings beat the Zacks Consensus Estimate in three of the trailing four quarters and missed estimates in the remaining quarter, the average positive surprise being 8.66%.
In first-quarter fiscal 2019, adjusted earnings of $1.84 per share comfortably beat the Zacks Consensus Estimate of $1.57 but declined 2.6% from the year-ago quarter. Revenues of $15.30 billion almost remained flat from the year-ago quarter but surpassed the consensus mark of $15.18 billion.
The Zacks Consensus Estimate for second-quarter fiscal 2019 earnings has increased 0.6% over the past seven days to $1.59 per share. However, the figure indicates decline of 13.6% from the year-ago reported figure. The consensus mark for revenues, which is pegged at $14.64 billion, indicates growth of 0.7% from the year-ago period reported figure.
Let’s see how things are shaping up for this announcement.
The Walt Disney Company Price and EPS Surprise
Zacks Names "Single Best Pick to Double"
From thousands of stocks, 5 Zacks experts each have chosen their favorite to skyrocket +100% or more in months to come. From those 5, Director of Research Sheraz Mian hand-picks one to have the most explosive upside of all.
It’s a little-known chemical company that’s up 65% over last year, yet still dirt cheap. With unrelenting demand, soaring 2022 earnings estimates, and $1.5 billion for repurchasing shares, retail investors could jump in at any time.
This company could rival or surpass other recent Zacks’ Stocks Set to Double like Boston Beer Company which shot up +143.0% in little more than 9 months and NVIDIA which boomed +175.9% in one year.
Free: See Our Top Stock and 4 Runners Up >>
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