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Disney Earnings: What to Know -- WSJ

Dow Jones2023-08-10

By Hannah Miao

 

Disney is set to report quarterly earnings after the bell Wednesday. Here's what Wall Street is expecting, according to FactSet consensus analyst estimates:

   -- Earnings of 96 cents per share 
 
   -- Revenue of $22.497 billion 
 
   -- Disney+ subscribers of 155.438 million 
 
   -- Traditional TV (linear networks) operating income of $1.972 billion 
 
   -- Streaming operating loss of $758 million 

Investors will be looking for insights into Disney CEO Bob Iger's plans for Hulu, ESPN and the company's traditional TV assets.

The stock is down less than 1% on Wednesday and up less than 1% year to date.

Read more here:

 

This item is part of a Wall Street Journal live coverage event. The full stream can be found by searching P/WSJL (WSJ Live Coverage).

 
 

(END) Dow Jones Newswires

August 09, 2023 13:00 ET (17:00 GMT)

Copyright (c) 2023 Dow Jones & Company, Inc.

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