Between launching a streaming business and operating the most magical place on Earth, Disney
$DIS has captivated society's attention for decades.
Disney reports its quarterly results this afternoon. Do you think it will beat expectations?
In April, the company reported 103.6m Disney+ subscribers. This was under the analyst forecast of 109m.
Interestingly enough, although investors have recently been focused on its streaming business a majority of Disney's profit comes from its parks. With pandemic policies subsiding, Disney parks have opened and operating profits are above pre-pandemic levels.
The combination of parks re-opening, and streaming subscriptions has allowed Disney to return to growth. As it stands, here is how Disney's valuation looks compared to other DOW components.
Analysts are currently expecting adj. earnings-per-share (EPS) of $1.19 on revenue of $20.1B. Do you think Disney has what it takes to top these estimates?