Disney earnings: Here’s what to expect, by the numbers

📆 8/9/2023 8:03 AM
📰 MarketWatch

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Walt Disney Co. faces a confluence of chaotic factors as it prepares to report its fiscal third-quarter earnings on Wednesday. Disney DIS Chief Executive Robert Iger, whose contract was recently extended two years through 2026, must navigate challenges facing nearly every business segment. Here’s what to look out for.

Disney DIS Chief Executive Robert Iger, whose contract was recently extended two years through 2026, must navigate challenges facing nearly every business segment. Here’s what to look out for.Disney DIS Chief Executive Robert Iger, whose contract was recently extended two years through 2026, must navigate challenges facing nearly every business segment. Here’s what to look out for.

Revenue: The FactSet consensus calls for $22.5 billion in revenue, up from $21.5 billion the previous year. Those contributing to Estimize also expect $22.5 billion in revenue. Of the 30 analysts tracked by FactSet who cover Disney shares, 18 have buy ratings, 8 recommend to hold and one has a sell rating, with an average price target of $112.26.

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