India  
NewsR.in
> >

What to Watch When Disney Reports Earnings

Video Credit: The Street - Duration: 01:21s - Published < > Embed
What to Watch When Disney Reports Earnings

What to Watch When Disney Reports Earnings

Disney is set to report earnings after the bell Wednesday, May 8.

For its fiscal second quarter, the company is expected to report quarterly earnings of $1.58 a share on sales of $14.5 billion, marking trimmed estimates on both a sequential and year over year basis due to the scheduling of many key catalysts after the first quarter, reported Real Money's Kevin Curran.

"We believe the core March quarter EPS will outperform expectations largely due to the studio business where Captain Marvel's $1 billion global gross in the March quarter was likely ahead of management's projection when it guided to a large decline in film division profits," Loop Capital analyst Alan Gould explained to Curran.

Disney is Real Money's Stock of the Day.

For more coverage on Disney and what investors should keep their eyes on ahead of the earnings report, head on over to Real Money.

Related.

Wall Street Remains Optimistic About Disney Amid 2019 Stock Surge Watch Full interviews on TheStreet | Subscribe to our Youtube Channel for more videos

0
shares
ShareTweetSavePostSend
 

You Might Like


Recent related videos from verified sources

08-14-19_JC_RETAIL [Video]08-14-19_JC_RETAIL

Real Money Stock of the Day Macy's earnings per share disappointed the Street Wednesday morning. The company reported earnings per share of 28 cents, far short of the expectation of 45 cents. Revenue..

Credit: The Street     Duration: 01:01Published

Netflix Earnings Preview: Here's 3 Things to Watch For [Video]Netflix Earnings Preview: Here's 3 Things to Watch For

Netflix needs to start making generating cash, not burning it. Here are three key things to watch in its earnings report Wednesday after the closing bell that will indicate whether Netflix is moving..

Credit: The Street     Duration: 00:52Published

Environmentally friendly: newsR is hosted on servers powered solely by renewable energy
© 2019 newsR Ltd. All Rights Reserved.
About us  |  Contact us  |  Disclaimer  |  Terms & Conditions  |  Content Accreditation
 RSS  |  News for my Website  |  Free news search widget  |  In the News  |  DMCA / Content Removal  |  Privacy & Data Protection Policy
How are we doing? FeedbackSend us your feedback  |   LIKE us on Facebook   FOLLOW us on Twitter  •  FOLLOW us on Pinterest