Disney reports fiscal second-quarter results as Josh D'Amaro leads first earnings call
Updated
Updated · The Motley Fool · May 6
Disney reports fiscal second-quarter results as Josh D'Amaro leads first earnings call
8 articles · Updated · The Motley Fool · May 6
Wall Street expects about $24.8bn in revenue and roughly $1.49-$1.50 a share before Wednesday's market open, after Disney stock fell 11% year to date.
Investors are focused on whether Disney maintains February guidance for double-digit second-half operating income growth as higher fuel costs and the Iran war threaten parks, travel and consumer spending.
The update comes despite record theme-park performance, profitable Disney+ operations and a shrinking streak of earnings beats, with analysts watching for any buyback, dividend or outlook changes.
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