Disney's Earnings Test: New CEO Faces Streaming Margin and Park Headwinds
TL;DR Summary
Disney is set to report its Q2 results under new CEO Josh D’Amaro, with consensus revenue around $25 billion and EPS of about $1.49. Investors will be watching whether Disney+ and Hulu can reach a 10% streaming profit margin, while the Parks and Experiences segment faces headwinds from softer international attendance and higher project costs. The company has cut roughly 1,000 jobs and is buying back $7 billion in stock, and the stock carries a Strong Buy consensus with a potential upside near 30% to a $132 target.
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- Here's How Much Disney Stock Is Expected to Move After Earnings Investopedia
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