Walt Disney is expected to post earnings of $1.66 per share for the current quarter, a year-over-year change of +49.6%, with the Zacks Consensus Estimate up +1.2% over the last 30 days. For the current fiscal year, the consensus earnings estimate of $6.91 points to a change of +16.5% from the prior year, and for the next fiscal year the consensus estimate of $7.47 indicates a change of +8.2%. Revenue is forecast at $24.95 billion for the current quarter, up +11.1% year over year, while current and next fiscal year sales estimates of $101.38 billion and $106.09 billion indicate changes of +7.4% and +4.7%, respectively. Disney reported revenues of $25.25 billion in the last reported quarter, a year-over-year change of +6.8%, with EPS of $2.06 versus $1.61 a year ago, a revenue surprise of -0.91% against the Zacks Consensus Estimate of $25.48 billion and an EPS surprise of +9.57%. The stock carries a Zacks Rank #3 (Hold) and a Zacks Value Style Score of C, with shares down -1.8% over the past month against the Zacks S&P 500 composite's +1% gain and a 5.8% loss for the Zacks Media Conglomerates industry.
Walt Disney CompanyZacks consensus earnings estimate for Disney rose +1.2% over 30 days, with current-quarter EPS seen up +49.6% year over year.
