Disney Reports Earnings Today. What to Expect. – Barrons
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Disney reports earnings on Thursday.
Dreamstime
Walt Disney
is set to release its results for the April-to-June period on Thursday after the market closes. Investors are expecting a big improvement from the year-ago period, during the worst months of the Covid-19 pandemic in the U.S.
On average, analysts are forecasting $633 million in net income on $16.8 billion in revenue from Disney in its fiscal third quarter. That profit translates to 36 cents per share, or a forecast 55 cents after adjustments. It compares with a loss of $2.61 per share and $11.8 billi...