Disney is set to announce its fiscal second-quarter earnings on Wednesday morning, and analysts are keenly focused on the performance of its streaming platform and theme parks.
Market watchers will also be attentive to any updates regarding the search for a successor to CEO Bob Iger.
Analysts surveyed by LSEG have outlined expectations for Disney’s upcoming report:
- Earnings per share: $1.20
- Revenue: $23.14 billion
In the preceding quarter, Disney exceeded financial expectations but indicated the start of anticipated subscriber losses for Disney+. The company had previously cautioned in November that it expected a “modest decline” in subscribers for the December timeline. In its February earnings update, Disney reiterated expectations for another similar decline in its second fiscal quarter.
The decrease in streaming subscriber growth follows a price increase for Disney’s services implemented last year.
Attention will also be directed at the experiences sector, which encompasses Disney’s theme parks. Although this division outperformed projections in the fiscal first quarter, travel experts have raised concerns over diminishing international visitor numbers and potential reduced traffic due to tariffs imposed by the Trump administration.
U.S. theme parks have generally seen a drop in attendance following an initial surge post-pandemic.
This story is developing. Please check back for updates.
