The Walt Disney Co (DIS, Financial) is set to release its Q3 2024 earnings on Aug 7, 2024. The consensus estimate for Q3 2024 revenue is $23.07 billion, and the earnings are expected to come in at $1.05 per share. The full year 2024's revenue is expected to be $91.42 billion and the earnings are expected to be $3.11 per share. More detailed estimate data can be found on the Estimates page.
The Walt Disney Co (DIS, Financial) Estimates Trends
Over the past 90 days, revenue estimates for The Walt Disney Co (DIS) have declined from $91.70 billion to $91.42 billion for the full year 2024, and from $96.68 billion to $95.99 billion for 2025. Earnings estimates have also been revised downward, moving from $3.91 per share to $3.11 per share for the full year 2024, and from $5.08 per share to $4.78 per share for 2025.
The Walt Disney Co (DIS, Financial) Reported History
In the previous quarter of March 31, 2024, The Walt Disney Co's (DIS) actual revenue was $22.08 billion, which missed analysts' revenue expectations of $22.11 billion by -0.12%. The actual earnings were -$0.01 per share, which missed analysts' earnings expectations of $0.95 per share by -101.05%. After releasing the results, The Walt Disney Co (DIS) was down by -9.51% in one day.
The Walt Disney Co (DIS, Financial) 12 Month Price Targets
Based on the one-year price targets offered by 27 analysts, the average target price for The Walt Disney Co (DIS) is $122.37 with a high estimate of $145 and a low estimate of $66. The average target implies an upside of 39.41% from the current price of $87.78.
Based on GuruFocus estimates, the estimated GF Value for The Walt Disney Co (DIS, Financial) in one year is $120.24, suggesting an upside of 36.98% from the current price of $87.78.
Based on the consensus recommendation from 32 brokerage firms, The Walt Disney Co's (DIS, Financial) average brokerage recommendation is currently 2.1, indicating an "Outperform" status. The rating scale ranges from 1 to 5, where 1 signifies Strong Buy, and 5 denotes Sell.
This article, generated by GuruFocus, is designed to provide general insights and is not tailored financial advice. Our commentary is rooted in historical data and analyst projections, utilizing an impartial methodology, and is not intended to serve as specific investment guidance. It does not formulate a recommendation to purchase or divest any stock and does not consider individual investment objectives or financial circumstances. Our objective is to deliver long-term, fundamental data-driven analysis. Be aware that our analysis might not incorporate the most recent, price-sensitive company announcements or qualitative information. GuruFocus holds no position in the stocks mentioned herein.
