Disney Earnings Report: Streaming, Parks Under Scrutiny
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Disney's fiscal second-quarter earnings report is anticipated on Wednesday, with Wall Street focusing on its streaming and theme park performance. Analysts predict earnings per share of $1.20 and revenue of $23.14 billion. While the previous quarter exceeded expectations, Disney anticipates modest declines in Disney+ subscribers due to price increases. Theme park performance is also under scrutiny, facing potential impacts from reduced international travel and U.S. traffic slowdowns following the post-COVID surge.
Disney's fiscal second-quarter earnings report is anticipated on Wednesday, with Wall Street focusing on its streaming and theme park performance. Analysts predict earnings per share of $1.20 and revenue of $23.14 billion. While the previous quarter exceeded expectations, Disney anticipates modest declines in Disney+ subscribers due to price increases. Theme park performance is also under scrutiny, facing potential impacts from reduced international travel and U.S. traffic slowdowns following the post-COVID surge.
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