Disney (DIS) earnings This autumn 2024

Disney will report its fiscal fourth-quarter earnings sooner than the bell on Thursday, and Wall Street could be paying shut consideration to the state of its streaming and theme parks corporations. Investors might even be listening for any particulars on the look for CEO Bob Iger’s successor.

Here is what Wall Street expects Disney to report on Thursday, consistent with analysts polled by LSEG:

• Earnings per share: $1.10 anticipated
• Revenue: $22.45 billion anticipated

Wall Street has been paying shut consideration to streaming’s path to profitability. Last quarter Disney’s blended streaming enterprise, which consists of Disney+, Hulu and ESPN+, turned a income for the first time.

Subscriber improvement could be prime of ideas, too, notably as Disney’s opponents in present weeks have reported hefty subscriber options. Warner Bros. Discovery said Max added 7.2 million subscribers all through its most recent quarter, Netflix added 5 million prospects, and Comcast’s Peacock reported 3 million additions.

Still, media companies have begun to provide consideration to profit-driving measures, akin to ad-supported tiers and password sharing crackdowns.

“In the wake of huge subscriber gains at Max but deceleration at Netflix, all eyes are on Disney’s streaming numbers. The company is sure to experience a bump due to its password-sharing crackdown, but that will be short-lived,” said Mike Proulx, evaluation director and vp at Forrester.

The state of the theme park enterprise might even be prime of ideas. Theme parks have been experiencing a slowdown in shopper demand throughout the U.S. Last quarter Disney reported flat attendance, notably at its U.S. parks.

Meanwhile, Disney these days launched it may title CEO Iger’s substitute in early 2026, led by incoming chairman of the board, James Gorman. Investors could be desperate to take heed to extra particulars on the search.

This story is creating. Please confirm once more for updates.