Disney Gears Up For Q4 Print; Here Are The Recent Forecast Changes From Wall Street's Most Accurate Analysts

Core Insights - The Walt Disney Company is set to release its fourth-quarter earnings on November 13, with analysts expecting earnings of $1.02 per share, a decrease from $1.14 per share in the same quarter last year [1] - The consensus estimate for Disney's quarterly revenue is $22.78 billion, an increase from $22.57 billion in the previous year [1] Business Developments - On October 29, Disney merged Fubo's business with its Hulu + Live TV service, creating the sixth-largest pay TV company in the U.S. with nearly 6 million subscribers in North America [2] - Disney's shares increased by 1.6%, closing at $116.65 on Wednesday [2] Analyst Ratings - Rosenblatt analyst Barton Crockett maintains a Buy rating with a price target of $141 [5] - Needham analyst Laura Martin reiterated a Buy rating with a price target of $125 [5] - Evercore ISI Group analyst Vijay Jayant raised the price target from $134 to $140 while maintaining an Outperform rating [5] - Morgan Stanley analyst Benjamin Swinburne raised the price target from $120 to $140 while maintaining an Overweight rating [5] - UBS analyst John Hodulik raised the price target from $120 to $138 while maintaining a Buy rating [5]