Reported about 17 hours ago
As The Walt Disney Company prepares to announce its fiscal second-quarter results, analysts show strong confidence in its stock, with five out of seven rating it a 'buy.' While revenue is projected to increase by 5% year-over-year to $23.17 billion, adjusted earnings per share are expected to decline slightly. Analysts also caution that a potential recession may affect Disney's advertising and park attendance later in the fiscal year.
Source: YAHOO