Key takes
Walt Dizney (DIS) will report the results of the first quarter of FY2025 on Wednesday morning. Analysts hope that profits and net income will increase as the profitability of the streaming business of a major entertainment giant.
Most of the analysts are bullish on Disney stocks, and analysts are tracked by visible Alpha and are divided into seven “buying” and four “holding” evaluation. They are $ 127.27 average price target, about 13 % from the closing price on Friday.
Profit is expected to increase by nearly 5 % from the previous year to $ 24.63 billion, and the profit is expected to be $ 25 % to $ 2.38 billion, that is, $ 1.31 per share.
Streaming, focus experience
Disney’s streaming business -Hulu, Disney+, and ESPN ++ were organized, and in the third quarter, the profitability was higher than expected, and profits increased in the fourth quarter. Citi and UBS analysts have recently been expecting streaming profitability to improve profitability after Q1.
In early January, Disney, Warner Brothers Discovery (WBD), and Fox (FOX) have abandoned the streaming service Venu Sports, which has not yet been announced. This announcement is the legal task of Venu Sports by fusion of streaming competitors who appealed to block the launch of the service, by Disney and FubotV (FUBO), in the Disney Hulu + Live TV service. A few days later that one would be resolved.
UBS analysts also have the profitability of Disney’s “experience” segments in the quarterly for the cost of new cruise ships and the impact of attending a park from a hurricane in the latter half of last year. I wrote that I am expecting.
Disney’s shares have risen about 17 % in the last 12 months.
