Disney Q3 Earnings Preview: Disney+ Subscribers, 'Indiana Jones' And Other Box Office Disappointments, More Key Items To Watch
Portfolio Pulse from Chris Katje
The Walt Disney Company (NYSE:DIS) is set to report its Q3 financial results. Analysts expect Disney to report revenue of $21.82 billion and earnings per share of 97 cents. Key items to watch include Disney's direct-to-consumer segment, box office performance, and potential asset sales. Some analysts have lowered their price targets for Disney shares due to weakness in television advertising, direct-to-consumer declines, soft Parks trends, and the impact of the Hollywood strike. There is also speculation that Apple Inc (NASDAQ:AAPL) could potentially acquire Disney or a portion of the company.
August 08, 2023 | 8:04 pm
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NEUTRAL IMPACT
There is speculation that Apple Inc could potentially acquire Disney or a portion of the company.
The news is somewhat relevant to Apple as it is mentioned as a potential acquirer of Disney. However, this is still speculation and there is no concrete information, hence the neutral score and lower confidence level.
CONFIDENCE 60
IMPORTANCE 70
RELEVANCE 50
NEUTRAL IMPACT
Disney is set to report its Q3 results. Key items to watch include Disney's direct-to-consumer segment, box office performance, and potential asset sales. Some analysts have lowered their price targets for Disney shares due to various factors.
The upcoming Q3 report, along with the various factors affecting Disney's performance such as the direct-to-consumer segment, box office performance, and potential asset sales, make this news highly relevant and important for Disney. The score is neutral as the impact could go either way depending on the actual results.
CONFIDENCE 90
IMPORTANCE 100
RELEVANCE 100