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Unlocking Q4 Potential of Disney (DIS): Exploring Wall Street Estimates for Key Metrics
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Wall Street analysts expect Walt Disney (DIS - Free Report) to post quarterly earnings of $1.67 per share in its upcoming report, which indicates a year-over-year increase of 50.5%. Revenues are expected to be $25.26 billion, up 12.4% from the year-ago quarter.
The consensus EPS estimate for the quarter has undergone an upward revision of 1.3% in the past 30 days, bringing it to its present level. This represents how the covering analysts, as a whole, have reassessed their initial estimates during this timeframe.
Prior to a company's earnings release, it is of utmost importance to factor in any revisions made to the earnings projections. These revisions serve as a critical gauge for predicting potential investor behaviors with respect to the stock. Empirical studies consistently reveal a strong link between trends in earnings estimate revisions and the short-term price performance of a stock.
While it's common for investors to rely on consensus earnings and revenue estimates for assessing how the business may have performed during the quarter, exploring analysts' forecasts for key metrics can yield valuable insights.
Bearing this in mind, let's now explore the average estimates of specific Disney metrics that are commonly monitored and projected by Wall Street analysts.
It is projected by analysts that the 'Revenue- Entertainment' will reach $11.38 billion. The estimate indicates a year-over-year change of +11.5%.
According to the collective judgment of analysts, 'Revenue- Sports' should come in at $4.34 billion. The estimate indicates a year-over-year change of +9.1%.
Analysts' assessment points toward 'Revenue- Experiences' reaching $10.01 billion. The estimate indicates a year-over-year change of +14.2%.
The combined assessment of analysts suggests that 'Revenue- Entertainment- Other' will likely reach $694.72 million. The estimate points to a change of +2215.8% from the year-ago quarter.
The collective assessment of analysts points to an estimated 'Revenue- Experiences- Theme park admissions' of $3.07 billion. The estimate indicates a change of +13.6% from the prior-year quarter.
The consensus among analysts is that 'Revenue- Experiences- Parks & Experiences merchandise, food and beverage' will reach $2.33 billion. The estimate points to a change of +12.8% from the year-ago quarter.
Based on the collective assessment of analysts, 'Revenue- Experiences- Resorts and vacations' should arrive at $2.88 billion. The estimate points to a change of +27.5% from the year-ago quarter.
The consensus estimate for 'Revenue- Experiences- Merchandise licensing and retail' stands at $1.28 billion. The estimate points to a change of +10.9% from the year-ago quarter.
Analysts expect 'Revenue- Experiences- Parks licensing and other' to come in at $645.72 million. The estimate indicates a year-over-year change of +10.4%.
The average prediction of analysts places 'Revenue- Experiences- Consumer Products' at $1.29 billion. The estimate suggests a change of +10.2% year over year.
Analysts predict that the 'Revenue- Entertainment- Advertising' will reach $1.66 billion. The estimate points to a change of +214.3% from the year-ago quarter.
Analysts forecast 'Revenue- Entertainment- Affiliate fees' to reach $7.85 billion. The estimate points to a change of +423.6% from the year-ago quarter.
Over the past month, shares of Disney have returned +9.8% versus the Zacks S&P 500 composite's -2.4% 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 >>>> .
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Unlocking Q4 Potential of Disney (DIS): Exploring Wall Street Estimates for Key Metrics
Wall Street analysts expect Walt Disney (DIS - Free Report) to post quarterly earnings of $1.67 per share in its upcoming report, which indicates a year-over-year increase of 50.5%. Revenues are expected to be $25.26 billion, up 12.4% from the year-ago quarter.
The consensus EPS estimate for the quarter has undergone an upward revision of 1.3% in the past 30 days, bringing it to its present level. This represents how the covering analysts, as a whole, have reassessed their initial estimates during this timeframe.
Prior to a company's earnings release, it is of utmost importance to factor in any revisions made to the earnings projections. These revisions serve as a critical gauge for predicting potential investor behaviors with respect to the stock. Empirical studies consistently reveal a strong link between trends in earnings estimate revisions and the short-term price performance of a stock.
While it's common for investors to rely on consensus earnings and revenue estimates for assessing how the business may have performed during the quarter, exploring analysts' forecasts for key metrics can yield valuable insights.
Bearing this in mind, let's now explore the average estimates of specific Disney metrics that are commonly monitored and projected by Wall Street analysts.
It is projected by analysts that the 'Revenue- Entertainment' will reach $11.38 billion. The estimate indicates a year-over-year change of +11.5%.
According to the collective judgment of analysts, 'Revenue- Sports' should come in at $4.34 billion. The estimate indicates a year-over-year change of +9.1%.
Analysts' assessment points toward 'Revenue- Experiences' reaching $10.01 billion. The estimate indicates a year-over-year change of +14.2%.
The combined assessment of analysts suggests that 'Revenue- Entertainment- Other' will likely reach $694.72 million. The estimate points to a change of +2215.8% from the year-ago quarter.
The collective assessment of analysts points to an estimated 'Revenue- Experiences- Theme park admissions' of $3.07 billion. The estimate indicates a change of +13.6% from the prior-year quarter.
The consensus among analysts is that 'Revenue- Experiences- Parks & Experiences merchandise, food and beverage' will reach $2.33 billion. The estimate points to a change of +12.8% from the year-ago quarter.
Based on the collective assessment of analysts, 'Revenue- Experiences- Resorts and vacations' should arrive at $2.88 billion. The estimate points to a change of +27.5% from the year-ago quarter.
The consensus estimate for 'Revenue- Experiences- Merchandise licensing and retail' stands at $1.28 billion. The estimate points to a change of +10.9% from the year-ago quarter.
Analysts expect 'Revenue- Experiences- Parks licensing and other' to come in at $645.72 million. The estimate indicates a year-over-year change of +10.4%.
The average prediction of analysts places 'Revenue- Experiences- Consumer Products' at $1.29 billion. The estimate suggests a change of +10.2% year over year.
Analysts predict that the 'Revenue- Entertainment- Advertising' will reach $1.66 billion. The estimate points to a change of +214.3% from the year-ago quarter.
Analysts forecast 'Revenue- Entertainment- Affiliate fees' to reach $7.85 billion. The estimate points to a change of +423.6% from the year-ago quarter.
View all Key Company Metrics for Disney here>>>Over the past month, shares of Disney have returned +9.8% versus the Zacks S&P 500 composite's -2.4% 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 >>>> .