Disney quarterly results are on deck. Here's what to expect

Disney quarterly results are on deck. Here's what to expect

May 07, 2024 by CNBC

Key Facts

  • Here is what Wall Street expects Disney to report Tuesday morning, according to LSEG: Earnings per share: $1.10 expected Revenue: $22.11 billion expected The subscriber growth at its flagship streaming service, Disney+, will once again be a top focus.
  • Last quarter Disney’s direct-to-consumer unit — which also includes Hulu and ESPN+ — saw its losses narrow to $216 million from $1.05 billion in the same period a year earlier.
  • The company reported in February that Disney+ core subscribers dropped by 1.3 million during the quarter compared with the prior quarter due to price hikes, although the company said it saw a rise in average revenue per user for the same reason.
  • Wall Street will also be looking for updates regarding the integration of Hulu into Disney+, as well as the status of the appraisal process that will value Comcast’s stake in Hulu.

Click To Read Full Article

ORGANIZATION
PERSON
MONEY
INFRASTRUCTURE
GEOGRAPHY
WORK OF ART
MISCELLANEOUS

This story was produced by the Kwhen Automated News Generator. For more articles like this, please visit us at finance.kwhen.com. Write to editors@kwhen.com. © 2021 Kwhen Inc.

Was this content valuable for you?