The day fireworks are launching on Cinderella castle during a representation of “Mickey’s Magical Friendship Faire” in the Magic Kingdom of Walt Disney World, Bay Lake, Florida, April 30, 2024. (Joe Burbank / Orlando Sentinel / Tribune News Service via Getty Images)
Orlando Sentinel | Tribune Information Service | Getty images
Disney will publish its financial income from the second quarter before the Bell on Wednesday, and Wall Street will pay particular attention to the state of its streaming and themed parks.
Investors will also listen to all the details on the search for the successor to the CEO Bob Iger.
Here is what Wall Street expects Disney to report on Wednesday, according to the analysts interviewed by LSEG:
- Profit by action: $ 1.20
- Income: 23.14 billion dollars
In the last quarter, the company beat up and down, but revealed the beginning of the loss of streaming subscribers expected in Disney +.
Disney warned during his tax report in the fourth quarter in November that he expected a “modest drop” of subscriptions during the period of December. He told investors during the February results report he expected another “modest decline” of subscribers during his second tax quarter.
The slowdown in the growth of streaming subscribers follows an increase in the prices of its services last year.
The eyes will also be on its experience segment, which includes theme parks. The division worked better than expected in the first fiscal quarter, but travel experts warned against international travelers and a potential drop in traffic following the prices of President Donald Trump.
In the United States, in the United States, has generally experienced a slowdown in pedestrian traffic after post-COEU overvoltage.
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