Disney earnings: What to expect when the Magic Kingdom reports

📆 7/11/2566 0:59:00
📰 MarketWatch

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Jon Swartz is a senior reporter for MarketWatch in San Francisco, covering many of the biggest players in tech, including Netflix, Facebook and Google. Jon has covered technology for more than 20 years, and previously worked for Barron's and USA Today. Follow him on Twitter @jswartz.

Walt Disney Co. Chief Executive Robert Iger has his hands full as the media giant preps for its fiscal fourth-quarter earnings report Wednesday.

At the same time, activist investor Nelson Peltz has renewed his push for a seat on the company’s board — this time with help from Ike Perlmutter, former chair of Marvel Entertainment. Revenue: The FactSet consensus calls for $21.37 billion in revenue, up from $20.15 billion the previous year. Those contributing to Estimize also expect $21.37 billion in revenue.

Of the 34 analysts tracked by FactSet who cover Disney shares, 23 have buy ratings, six have hold ratings and two recommend to sell, with an average price target of $103.89.

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