Reported 2 months ago
As Disney prepares to release its fiscal third-quarter earnings, expectations indicate potential struggles in both its parks and streaming divisions. With a projected revenue increase to $23.08 billion, Disney faces headwinds from a sluggish parks business and ongoing profitability issues in streaming, despite a recent rebound in its theatrical films. Price hikes for streaming services are expected to take effect soon, as Disney aims for full streaming profitability by the end of the fiscal year.
Source: YAHOO