The media giant cannot be the top fireworks last year last year, but this time it may still brighten the sky.
It’s time to see how much cheese has won the mouse house in the past few months. Walt Dizney (Dis 0.83 %) We will report the results of the first quarter of the fiscal year on Wednesday morning. This should be a different period of a modest top line growth and a healthy final improvement, but don’t expect the same type of fireworks that Disney was released in the air last February.
Prior to the annual shareholder meeting in April, Disney played two different activists groups a year ago. This was the last quarterly revenue call to Wooo Investor Support, and made a headline beyond a solid financial show.
Disney has announced that the annual cost reduction will reach $ 7.5 billion by the annual cost reduction by the end of the 2024 fiscal year. At the peak of Taylor Swift Mania, Disney+started streaming a theatrical Taylor Swift: The Eras Tour concert movie in March. The Board of Directors has cleared up the way to buy up to $ 3 billion, the first repurchase since 2018. After the shortage of the game front, Disney invested $ 1.5 billion in Fortnite developers’s epic games. Disney raised only a few months and six months of dividends only a few months after pause the distribution at the beginning of the pandemic and then paid. The Disney+animation series based on Moana has been embodied into the full -length drama function. MOANA 2 is one of the three movies that appear in the 2024 calendar year, exceeding $ 1 billion in box office revenue around the world. When I got a bonus point, all three movies were Disney movies.
After the first quarter of the fiscal quarter was announced, the stock price the next day increased 12 %. It will be a difficult act for Disney to continue one year later. But that doesn’t mean that this week’s report does not move the needle. Let’s take a closer look.
Naked necessities
Disney seems to be around now. The shares bounced in 2024 after sufficiently falling into the market for the third consecutive year. Despite the dominance of MultiPlex and the return to the profitability of Disney+, we are looking forward to the fresh finances announced before the market opens on Monday.
Analysts will increase their profits by 4 % in seasonal three months, ending in December, to $ 245.5 billion. The small step does not break the contract. The growth of revenue was actually flat during the first quarter of the previous year. In fact, this is the seventh straight report on the growth of the first -digit of Disney.
There are several reasons for the result of the meandering revenue. Rival Comcast (CMCSA -1.40 %) It just recorded a 2 % top line in the same period, which contained the flat results of the theme parks business. Disney’s domestic gate attraction is also marching. Disney’s studio business and Disney+profits will probably be partially offset by the steady retreat of the legacy linear network segment. It is troublesome that analysts had a month ago to jump 5 % year -on -year, but this is mainly the ultimate growth story.
Disney’s streaming work and the profitability of improvement in other places should bring a further two -digit growth for adjusted revenue. Wall Street Professionals expect profits to reach $ 1.43 per share after adjustment. Disney had consistently exceeded analyst expectations throughout 2024. Can I maintain a welcome trend in 2025?
Image source: Disney.
Please prepare
Disney’s financial updates are rarely about numbers. Disney slides on each of the quarterly reports that have been completed or revised for content and theme park attractions. Last year, investors have reached the top of the Disney+Anime series with a $ 1 billion huge hit, and finally saw a simple movement to change to a theater release on the streaming platform.
Will Disney provide an insight on CEO’s Bob Igar’s inheritance strategy, or is it planning to compete with COMCAST when a magnificent Univers Stem Park opened in Florida three months later? Can Entertainment Bellwether be even more light in the amazing interruption of Venu Sports Partnership? Disney does not need to answer any or all of these questions, but shareholders will feel more enlightened this week. This time, it is useful that there is no proxy battle drama.
Rick Manaris is in the job of Walt Disney. Motley fools are recommended to work in Walt Dizney. Motley Fool’s Day recommends COMCAST. Motley fools have a disclosure policy.
