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Stock impact report

Disney set for its first earnings report since proxy battle win against Nelson Peltz [Yahoo! Finance]

Warner Bros. Discovery, Inc. - Series A (WBD) 
Company Research Source: Yahoo! Finance
As a reminder, Disney recently adjusted its reporting structure after CEO Bob Iger reorganized the company into three core business segments: Disney Entertainment, which includes its entire media and streaming portfolio; Experiences, which encompasses the parks business; and Sports, which includes ESPN networks and ESPN+. Over the past year, Disney has been grappling with challenges that include a declining linear TV business, slower growth in its parks business, and profitability hurdles in streaming. But a recent turnaround plan from CEO Bob Iger has investors more bullish in recent months. Here's how Wall Street expects Disney to perform, according to consensus estimates compiled by Bloomberg: Total revenue: $22.10 billion versus $21.82 in Q2 2023 Adj. earnings per share: $1.10 versus $0.93 in Q2 2023 Entertainment revenue: $10.31 billion Sports revenue : $4.33 billion Experiences revenue: $8.18 billion Disney+ subscribers: 4.71 million versus a loss of 4 million s Show less Read more
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