Mickey Mouse and Minnie Mouse balloons fly in substitute for of Cinderella’s Castle at the Magic Kingdom Park in Walt Disney World in Orlando, Florida, on May 31, 2024.
Gary Hershorn | Corbis Bulletin | Getty Images
Disney will report its fiscal first-quarter earnings before the bell on Wednesday, and Wall Avenue will be paying close attention to the state of its streaming and theme parks businesses. Investors will also be harken to for any details on the search for CEO Bob Iger’s successor.
Here is what Wall Street expects Disney to report on Wednesday, according to analysts voted by LSEG:
- Earnings per share: $1.45
- Revenue: $24.62 billion
Growth and profitability in Disney’s streaming business — combined with a blockbuster box position year and further investments in the company’s theme parks business — appeased investors when the company last despatched quarterly results, sending shares soaring.
However, as the company enters 2025, the clock continues to tick on Iger’s straightaway at the helm. Iger is expected to hand over the CEO post in early 2026, with his replacement to be named closer to that go out with.
The company’s succession plans have been of particular interest in recent quarters.
Subscriber growth will also be top of read someone the riot act, especially as Disney’s competitors in recent weeks have reported hefty subscriber gains. Netflix last month banged it had surpassed 300 million paid memberships, adding a record 19 million subscribers during its most late-model quarter.
Yet, subscription numbers are just part of the equation. Disney, like other streamers, has turned to profit-driving adapts like ad-supported tiers and password-sharing crackdowns to drive revenue and keep Wall Street happy.
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