Disney earnings preview: Muted parks growth, streaming hurdles expected to weigh on results

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Disney Entertainment Новости

Disney,Bob Iger,Walt Disney World Resort

Disney will report its fiscal third quarter earnings before the bell on Wednesday. Here's what to expect.

) will report its fiscal third quarter earnings before the bell on Wednesday as the company attempts to reach sustainable profitability in its streaming division and also stabilize demand within its parks business.into three core business segments: Disney Entertainment, which includes its entire media and streaming portfolio; Experiences, which encompasses the parks business; and Sports, which includes ESPN networks and ESPN+.

"A faster track to significant earnings would be a plus for the direct to consumer segment," CFRA analyst Ken Leon wrote in a note ahead of the earnings release.will also be top of mind for investors, particularly when it comes to how much Disney is willing to spend on expensive sports rights.) sometime this fall at a price point of $42.99 a month.

"Looking forward, we'd expect continued softness, which could lead to deceleration or potentially declines in revenue for domestic parks," the analyst said. Team Canada had a tough day in Paris Summer Games, one filled with crushing loses and yet another scandal involving a coach.Rylan has to have an emergency exit on a night out, his best friend and Celebrity Race Across the World star Scott Mills has revealed.Dow Gains 700 Points in Afternoon Trading

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