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Up 25% This Year, Will Disney's Strong Run Continue Following Q2 Results? [Forbes]
Last alphabet inc. - class c capital stock earnings: 4/28 04:02 pm
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The UK Original series is coming to Disney+ from Friday 29th March. (Photo by Dave Benett/Getty Images for Disney+) is expected to publish its Q2 FY'24 results on May 7. We expect Disney's revenues to come in at $22.2 billion for the quarter, slightly ahead of consensus estimates, marking an increase of over 2% versus last year. We expect earnings to stand at $1.11 per share, roughly in line with consensus. See our analysis of for an overview of how Disney's revenues and earnings will likely trend for the quarter. So what are some of the trends that are likely to drive Disney's results? We expect Disney's theme park business to see modest growth. While the company's international parks should see higher attendance and rising spending at its Shanghai and Hong Kong properties, there could be some softness in the domestic side of the business due to higher costs and tough comparisons with the year-ago period. For perspective, over Q1, international parks revenue rose by over 35%, whi
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