What's Going On With Walt Disney Stock?
Portfolio Pulse from Erica Kollmann
Walt Disney Company (NYSE:DIS) is set to release its second-quarter financial reports after market close on Wednesday. The company is expected to report earnings of 97 cents per share and revenue of $22.48 billion. DIS shares are currently moving on above-average volume, with more than 7.5 million shares traded in the session. The stock is down by 0.74% at $87.48 at the time of publication.
August 09, 2023 | 3:25 pm
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Disney is expected to report Q2 earnings of 97 cents per share and revenue of $22.48 billion. The stock is currently down by 0.74%.
The anticipation of Disney's Q2 financial reports has led to above-average trading volume. However, the stock is currently down, which could indicate investor uncertainty about the upcoming earnings report. The actual impact will depend on whether the reported earnings meet, exceed, or fall short of expectations.
CONFIDENCE 90
IMPORTANCE 80
RELEVANCE 100