11:31 AM EDT, 10/15/2024 (MT Newswires) -- Walt Disney's ( DIS ) fiscal Q4 earnings are expected to rise 33% year-over-year, with the company likely to guide for mid-single-digit EPS growth in fiscal 2025, UBS Securities said in a note Tuesday.
The media and entertainment giant is scheduled to report fiscal Q4 results Nov. 14. UBS projects per-share earnings of $1.09 on revenue of $22.77 billion. Analysts polled by Capital IQ are expecting EPS of $1.11 and revenue of $22.48 billion.
"We expect F4Q to reflect tough comps in parks, profitability in DTC, better box office and similar trends in linear," UBS analysts said in the note.
The investment firm expects Disney ( DIS ) to guide for mid-single-digit EPS growth in fiscal 2025, led by "ramping profitability in DTC, stable parks, launch of flagship ESPN ( DIS ) and similar headwinds in linear," the analysts said.
UBS has a buy rating on the Disney ( DIS ) stock, with a $120 price target.
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