financetom
Business
financetom
/
Business
/
Walt Disney Fiscal Q4 Earnings Expected to Rise 33% Year-Over-Year, UBS Says
News World Market Environment Technology Personal Finance Politics Retail Business Economy Cryptocurrency Forex Stocks Market Commodities
Walt Disney Fiscal Q4 Earnings Expected to Rise 33% Year-Over-Year, UBS Says
Oct 17, 2024 12:50 PM

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.

Price: 94.73, Change: -0.24, Percent Change: -0.25

Comments
Welcome to financetom comments! Please keep conversations courteous and on-topic. To fosterproductive and respectful conversations, you may see comments from our Community Managers.
Sign up to post
Sort by
Show More Comments
Related Articles >
Copyright 2023-2026 - www.financetom.com All Rights Reserved