Disney Q4 Earnings Preview: Analyst Optimistic On Disney+, Experiences But Cautions With Concerns Over TV, Film
Portfolio Pulse from Chris Katje
Walt Disney Co (NYSE:DIS) is set to report its Q4 financial results. Analysts expect Disney to report Q4 revenue of $21.335 billion, an increase from $20.15 billion in the prior year's period. Disney has beaten revenue estimates in five of the last seven quarters. Analysts also expect Disney to report Q4 earnings per share of 71 cents, an increase from the 30 cents reported in the prior year's period. Morgan Stanley analyst Benjamin Swinburne has an Overweight rating and price target of $105 for Disney, but lowered estimates for the entertainment segment due to a more cautious outlook on linear television advertising and the lower expected film performance.

November 07, 2023 | 10:01 pm
News sentiment analysis
Sort by:
Descending
NEUTRAL IMPACT
Disney is expected to report increased Q4 revenue and earnings per share. However, there are concerns over the performance of the entertainment segment.
While Disney is expected to report increased revenue and earnings, there are concerns over the performance of the entertainment segment. This could potentially impact the stock price, hence the neutral score.
CONFIDENCE 90
IMPORTANCE 80
RELEVANCE 100