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Walt Disney Tends to Favor Adding to Earnings-Driven Extended-Hours Declines in Follow-On Regular Session
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Walt Disney Tends to Favor Adding to Earnings-Driven Extended-Hours Declines in Follow-On Regular Session
May 6, 2024 4:32 AM

07:05 AM EDT, 05/06/2024 (MT Newswires) -- Walt Disney ( DIS ) is due with its Q2 results in the pre-market session on Tuesday, May 7. Analysts are expecting a profit of $1.10 per share on revenue of $22.1 billion, according to the Capital IQ survey.

DIS is near mixed in its share performance between the sessions, with some tendency to narrow or reverse post-market earnings gains in the next day's regular session. For one event of the 79 we had no data recorded.

Looking deeper into the performance data, DIS has recorded an earnings-driven after-hours gain in 40 of the quarters we've tracked, adding to its evening performance in next-day trade in 18 events, or 45% of the time. On the downside, DIS has declined 38 quarters tracked in our database, widening its negative trade in next-day action in 20 quarters, or 53% of the time.

Price: 114.28, Change: +0.62, Percent Change: +0.55

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