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DIS
CNBC
14 days

Disney reports earnings before the bell. Here's what to expect

1. Disney earnings report expected earnings per share at $1.47. 2. Streaming service ESPN to launch, with subscription at $29.99/month. 3. Disney+ reported 126 million subscribers, exceeding expectations. 4. Experiences business saw 6% year-over-year revenue growth. 5. International theme park revenue dipped 5% while domestic grew 9%.

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FAQ

Why Bullish?

Strong earnings expectations and growing streaming business are positive indicators. Historical data shows that earnings surpassing expectations historically boosts stock prices.

How important is it?

The article discusses critical earnings and growth metrics, indicating potential investor interest. The focus on streaming aligns with industry trends of transitioning to digital platforms.

Why Short Term?

The upcoming earnings report can cause immediate price movements, especially with strong projections. Recent trends show fast reactions to earnings revelations in the sector.

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