Reported about 4 hours ago
Disney is anticipated to report its first-quarter earnings with projected revenue and profit increases, driven by the success of its streaming services. Analysts are generally positive about Disney's stock, with a consensus leaning towards 'buy' ratings and an average price target suggesting a 13% increase. Revenue is expected to grow by nearly 5% year-over-year, while profits are predicted to rise by approximately 25%. However, the profitability of Disney's Experiences segment may be impacted by recent costs and natural disasters.
Source: YAHOO