Wall Street analysts forecast that Walt Disney (DIS) will report quarterly earnings of $1.09 per share in its upcoming release, pointing to a year-over-year increase of 17.2%. It is anticipated that revenues will amount to $22.11 billion, exhibiting an increase of 1.3% compared to the year-ago quarter.The consensus EPS estimate for the quarter has undergone an upward revision of 0.6% in the past 30 days, bringing it to its present level. This represents how the covering analysts, as a whole, have reassessed ...

Kroger and Walt Disney Co. are reportedly exploring a partnership that would offer the Disney+ streaming service to subscribers of Kroger’s grocery delivery program.If a deal is struck, Kroger Boost subscribers would get access to Disney+ at no additional cost, Bloomberg reported Wednesday (May 1), citing unnamed sources.Neither Kroger nor Disney immediately replied to PYMNTS’ request for comment.Retailers have been adding paid subscriptions to generate additional revenue and greater customer loyalty, accor ...

Key PointsDisney stock is at a decade-low valuation on P/B terms, as the company's net income margins contracted by 80%. Wall Street analysts realize the company's brand remains intact, and the profit cycle could return it to its former glory. Betting on double-digit upside and EPS growth, recent streaming investments could be about to pay off.5 stocks we like better than JPMorgan Chase & Co.The credit cycle tends to bring extreme highs and lows for stocks. When the COVID-19 pandemic peaked in late 2020 and ...

Walt Disney (DIS) ended the recent trading session at $112.08, demonstrating a -0.58% swing from the preceding day's closing price. The stock trailed the S&P 500, which registered a daily gain of 0.32%. Elsewhere, the Dow gained 0.38%, while the tech-heavy Nasdaq added 0.35%.The entertainment company's shares have seen a decrease of 7.87% over the last month, not keeping up with the Consumer Discretionary sector's loss of 6.24% and the S&P 500's loss of 2%.Market participants will be closely following the f ...

Disney Stock Recovers Valerie Loiseleux / iStock Unreleased via Getty Images After suffering a setback for a year and a half after Bob Iger returned to the CEO position, Walt Disney Co. (NYSE: DIS) stock has begun to recover. Shares are up 25% this year, compared to less than a 10% gain for the S&P 500.It has been about a month since Disney won a bruising proxy war with raider Nelson Peltz. Peltz did benefit. He made about $300 million on his investment.The tide has turned because people have started to v ...

LONDON, ENGLAND - MARCH 26: Alice Kremelberg attends the World Premiere of "Renegade Nell" on March ... [+] 26, 2024 in London, England. The UK Original series is coming to Disney+ from Friday 29th March. (Photo by Dave Benett/Getty Images for Disney+)Dave Benett/Getty Images for Disney+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 ...

Demonstrators try to break through the blockade created by police officers to enter the city at Piazzale Roma, opposing the charge for tourists to enter the city on April 25, 2024 in Venice, Italy. Today Venice authorities launched a pilot program charging visitors a 5-euro entry fee in the hope that it will discourage at peak time, making the city more livable for its residents.Stefano Mazzola | Getty Images News | Getty ImagesVenice isn't only sinking, it's shrinking. In the 1970s, there were about 175,00 ...

Disney stock is having a good year for all the right reasons.The magic is back for Walt Disney (DIS -1.01%) stock -- which is the best-performing component in the Dow Jones Industrial Average so far this year even after selling off in April. Here's what you need to know about Disney, where it could be headed, and whether the blue chip stock is a buy now. This year's big winner has been a big loser for yearsDisney's outperformance in 2024 is more the result of years of underperformance rather than Disney bei ...

The Consumer Discretionary group has plenty of great stocks, but investors should always be looking for companies that are outperforming their peers. Has Walt Disney (DIS) been one of those stocks this year? By taking a look at the stock's year-to-date performance in comparison to its Consumer Discretionary peers, we might be able to answer that question.Walt Disney is a member of the Consumer Discretionary sector. This group includes 286 individual stocks and currently holds a Zacks Sector Rank of #15. The ...

Investors often turn to recommendations made by Wall Street analysts before making a Buy, Sell, or Hold decision about a stock. While media reports about rating changes by these brokerage-firm employed (or sell-side) analysts often affect a stock's price, do they really matter?Let's take a look at what these Wall Street heavyweights have to say about Walt Disney (DIS) before we discuss the reliability of brokerage recommendations and how to use them to your advantage.Disney currently has an average brokerag ...