We use cookies to understand how you use our site and to improve your experience.
This includes personalizing content and advertising.
By pressing "Accept All" or closing out of this banner, you consent to the use of all cookies and similar technologies and the sharing of information they collect with third parties.
You can reject marketing cookies by pressing "Deny Optional," but we still use essential, performance, and functional cookies.
In addition, whether you "Accept All," Deny Optional," click the X or otherwise continue to use the site, you accept our Privacy Policy and Terms of Service, revised from time to time.
You are being directed to ZacksTrade, a division of LBMZ Securities and licensed broker-dealer. ZacksTrade and Zacks.com are separate companies. The web link between the two companies is not a solicitation or offer to invest in a particular security or type of security. ZacksTrade does not endorse or adopt any particular investment strategy, any analyst opinion/rating/report or any approach to evaluating individual securities.
If you wish to go to ZacksTrade, click OK. If you do not, click Cancel.
Disney (DIS) Q4 Earnings Preview: What You Should Know Beyond the Headline Estimates
Read MoreHide Full Article
Analysts on Wall Street project that Walt Disney (DIS - Free Report) will announce quarterly earnings of $1.03 per share in its forthcoming report, representing a decline of 9.7% year over year. Revenues are projected to reach $22.88 billion, increasing 1.4% from the same quarter last year.
The current level reflects a downward revision of 0.4% in the consensus EPS estimate for the quarter over the past 30 days. This demonstrates how the analysts covering the stock have collectively reappraised their initial projections over this period.
Before a company announces its earnings, it is essential to take into account any changes made to earnings estimates. This is a valuable factor in predicting the potential reactions of investors toward the stock. Empirical research has consistently shown a strong correlation between trends in earnings estimate revisions and the short-term price performance of a stock.
While investors usually depend on consensus earnings and revenue estimates to assess the business performance for the quarter, delving into analysts' forecasts for certain key metrics often provides a more comprehensive understanding.
With that in mind, let's delve into the average projections of some Disney metrics that are commonly tracked and projected by analysts on Wall Street.
The average prediction of analysts places 'Revenue- Sports' at $3.97 billion. The estimate suggests a change of +1.5% year over year.
The consensus among analysts is that 'Revenue- Sports- ESPN' will reach $3.97 billion. The estimate points to a change of +2.9% from the year-ago quarter.
Analysts' assessment points toward 'Revenue- Experiences' reaching $8.73 billion. The estimate points to a change of +5.9% from the year-ago quarter.
Analysts forecast 'Revenue- Entertainment- Direct-to-Consumer' to reach $6.30 billion. The estimate indicates a year-over-year change of +9%.
The collective assessment of analysts points to an estimated 'Number of paid subscriber - ESPN+' of 24.49 million. The estimate is in contrast to the year-ago figure of 25.60 million.
Analysts expect 'Number of paid subscriber - Hulu - SVOD Only' to come in at 56.20 million. Compared to the current estimate, the company reported 47.40 million in the same quarter of the previous year.
Analysts predict that the 'Average monthly revenue per paid subscriber - Disney+ - International (excluding Disney+ Hotstar)' will reach $7.73 . Compared to the current estimate, the company reported $6.95 in the same quarter of the previous year.
The consensus estimate for 'Average monthly revenue per paid subscriber - Disney+ - Domestic (U.S. and Canada)' stands at $8.01 . The estimate is in contrast to the year-ago figure of $7.70 .
According to the collective judgment of analysts, 'Number of paid subscriber - Disney+ - Disney+ Core' should come in at 130.74 million. Compared to the current estimate, the company reported 122.70 million in the same quarter of the previous year.
The combined assessment of analysts suggests that 'Number of paid subscriber - Disney+ - International (excluding Disney+ Hotstar)' will likely reach 71.30 million. The estimate compares to the year-ago value of 66.70 million.
Based on the collective assessment of analysts, 'Number of paid subscriber - Disney+ - Domestic (U.S. and Canada)' should arrive at 59.44 million. Compared to the current estimate, the company reported 56.00 million in the same quarter of the previous year.
It is projected by analysts that the 'Number of paid subscriber - Hulu - Live TV + SVOD' will reach 4.52 million. The estimate compares to the year-ago value of 4.60 million.
Over the past month, shares of Disney have returned +1.4% versus the Zacks S&P 500 composite's +0.3% change. Currently, DIS carries a Zacks Rank #3 (Hold), suggesting that its performance may align with the overall market in the near future. You can see the complete list of today's Zacks Rank #1 (Strong Buy) stocks here >>>> .
See More Zacks Research for These Tickers
Normally $25 each - click below to receive one report FREE:
Image: Bigstock
Disney (DIS) Q4 Earnings Preview: What You Should Know Beyond the Headline Estimates
Analysts on Wall Street project that Walt Disney (DIS - Free Report) will announce quarterly earnings of $1.03 per share in its forthcoming report, representing a decline of 9.7% year over year. Revenues are projected to reach $22.88 billion, increasing 1.4% from the same quarter last year.
The current level reflects a downward revision of 0.4% in the consensus EPS estimate for the quarter over the past 30 days. This demonstrates how the analysts covering the stock have collectively reappraised their initial projections over this period.
Before a company announces its earnings, it is essential to take into account any changes made to earnings estimates. This is a valuable factor in predicting the potential reactions of investors toward the stock. Empirical research has consistently shown a strong correlation between trends in earnings estimate revisions and the short-term price performance of a stock.
While investors usually depend on consensus earnings and revenue estimates to assess the business performance for the quarter, delving into analysts' forecasts for certain key metrics often provides a more comprehensive understanding.
With that in mind, let's delve into the average projections of some Disney metrics that are commonly tracked and projected by analysts on Wall Street.
The average prediction of analysts places 'Revenue- Sports' at $3.97 billion. The estimate suggests a change of +1.5% year over year.
The consensus among analysts is that 'Revenue- Sports- ESPN' will reach $3.97 billion. The estimate points to a change of +2.9% from the year-ago quarter.
Analysts' assessment points toward 'Revenue- Experiences' reaching $8.73 billion. The estimate points to a change of +5.9% from the year-ago quarter.
Analysts forecast 'Revenue- Entertainment- Direct-to-Consumer' to reach $6.30 billion. The estimate indicates a year-over-year change of +9%.
The collective assessment of analysts points to an estimated 'Number of paid subscriber - ESPN+' of 24.49 million. The estimate is in contrast to the year-ago figure of 25.60 million.
Analysts expect 'Number of paid subscriber - Hulu - SVOD Only' to come in at 56.20 million. Compared to the current estimate, the company reported 47.40 million in the same quarter of the previous year.
Analysts predict that the 'Average monthly revenue per paid subscriber - Disney+ - International (excluding Disney+ Hotstar)' will reach $7.73 . Compared to the current estimate, the company reported $6.95 in the same quarter of the previous year.
The consensus estimate for 'Average monthly revenue per paid subscriber - Disney+ - Domestic (U.S. and Canada)' stands at $8.01 . The estimate is in contrast to the year-ago figure of $7.70 .
According to the collective judgment of analysts, 'Number of paid subscriber - Disney+ - Disney+ Core' should come in at 130.74 million. Compared to the current estimate, the company reported 122.70 million in the same quarter of the previous year.
The combined assessment of analysts suggests that 'Number of paid subscriber - Disney+ - International (excluding Disney+ Hotstar)' will likely reach 71.30 million. The estimate compares to the year-ago value of 66.70 million.
Based on the collective assessment of analysts, 'Number of paid subscriber - Disney+ - Domestic (U.S. and Canada)' should arrive at 59.44 million. Compared to the current estimate, the company reported 56.00 million in the same quarter of the previous year.
It is projected by analysts that the 'Number of paid subscriber - Hulu - Live TV + SVOD' will reach 4.52 million. The estimate compares to the year-ago value of 4.60 million.
View all Key Company Metrics for Disney here>>>Over the past month, shares of Disney have returned +1.4% versus the Zacks S&P 500 composite's +0.3% change. Currently, DIS carries a Zacks Rank #3 (Hold), suggesting that its performance may align with the overall market in the near future. You can see the complete list of today's Zacks Rank #1 (Strong Buy) stocks here >>>> .