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Benzinga
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Top Wall Street Forecasters Revamp Walt Disney Expectations Ahead Of Q3 Earnings

1. DIS earnings on Aug. 6 expected at $1.44 per share. 2. Quarterly revenue projected to hit $23.76 billion, up from $23.16 billion. 3. DIS has beaten revenue estimates for four consecutive quarters. 4. Analysts have raised price targets for DIS recently. 5. DIS shares closed at $118.32, down 0.9%.

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FAQ

Why Bullish?

DIS's strong track record of beating revenue estimates suggests continued investor confidence. Historical examples indicate such performance can lead to price increases post-earnings release.

How important is it?

The article provides significant insights into DIS's earnings expectations and analyst sentiment, directly impacting investor decisions.

Why Short Term?

Earnings reports typically trigger immediate reactions in stock price, as seen in previous quarters.

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