Company Overview - Sphere Entertainment (SPHR) is expected to report a year-over-year decline in earnings, with a projected loss of $2.48 per share, reflecting a decrease of 86.5% compared to the previous year [3] - Revenues for the upcoming quarter are anticipated to be $277.07 million, down 13.8% from the same quarter last year [3] Earnings Estimates and Revisions - The consensus EPS estimate has been revised 2.93% higher in the last 30 days, indicating a reassessment by analysts [4] - The Most Accurate Estimate for Sphere Entertainment is higher than the Zacks Consensus Estimate, resulting in a positive Earnings ESP of +8.27% [10][11] Earnings Surprise Prediction - A positive Earnings ESP is a strong indicator of a potential earnings beat, especially when combined with a Zacks Rank of 1 (Strong Buy), 2 (Buy), or 3 (Hold) [8] - Sphere Entertainment currently holds a Zacks Rank of 3, suggesting a likelihood of beating the consensus EPS estimate [11] Historical Performance - In the last reported quarter, Sphere Entertainment was expected to post a loss of $2.15 per share but actually reported a loss of $3.49, resulting in a surprise of -62.33% [12] - Over the past four quarters, the company has beaten consensus EPS estimates two times [13] Industry Context - In the Zacks Media Conglomerates industry, Paramount Global-B (PARA) is expected to report earnings of $0.30 per share, indicating a year-over-year decline of 51.6% [17] - Paramount Global-B's revenue is projected to be $7.1 billion, down 7.6% from the previous year [17] - The consensus EPS estimate for Paramount Global-B has been revised 1.2% higher, but a lower Most Accurate Estimate results in an Earnings ESP of -31.65%, making it difficult to predict an earnings beat [18]

Paramount Global-B (PARA) is expected to deliver a year-over-year decline in earnings on lower revenues when it reports results for the quarter ended March 2025. This widely-known consensus outlook gives a good sense of the company's earnings picture, but how the actual results compare to these estimates is a powerful factor that could impact its near-term stock price.The earnings report, which is expected to be released on May 8, 2025, might help the stock move higher if these key numbers are better than e ...

Core Viewpoint - Walt Disney (DIS) is positioned well to continue its trend of beating earnings estimates, supported by a strong history of performance in recent quarters [1][2]. Earnings Performance - Disney has consistently surpassed earnings estimates, achieving an average beat of 13.40% over the last two quarters [2]. - In the most recent quarter, Disney reported earnings of $1.76 per share, exceeding the expected $1.44 per share by a surprise of 22.22% [2]. - For the previous quarter, Disney's actual earnings were $1.14 per share, surpassing the consensus estimate of $1.09 per share by 4.59% [2]. Earnings Estimates and Predictions - Estimates for Disney have been trending higher, influenced by its history of earnings surprises [5]. - The stock has a positive Zacks Earnings ESP of +1.78%, indicating a bullish outlook from analysts regarding the company's earnings prospects [8]. - The combination of a positive Earnings ESP and a Zacks Rank of 3 (Hold) suggests a strong possibility of another earnings beat in the upcoming report [8]. Earnings ESP Insights - Stocks with a positive Earnings ESP and a Zacks Rank of 3 or better have a nearly 70% chance of producing a positive surprise [6]. - The Zacks Earnings ESP compares the Most Accurate Estimate to the Zacks Consensus Estimate, reflecting the latest analyst revisions [7]. - A negative Earnings ESP can reduce predictive power but does not necessarily indicate an earnings miss [9].