What should I expect from Disney earnings

The Walt Disney Company (DIS) is scheduled to release its Q3 2024 earnings report on August 7, 2024, before the market opens. Here's what you can expect from Disney's earnings:

1. Financial Report Period: The earnings report will cover the period from March 30, 2024, to September 30, 2024.
2. Estimate EPS and Revenue: The estimated earnings per share (EPS) for the reporting period is $1.19, with an estimated revenue of $23.04 billion.

3. Estimate EPS Growth Rate and Revenue Growth Rate: The estimated quarter-over-quarter EPS growth rate is 8.18%, and the estimated revenue growth rate is 12.12%.

4. Street Surprise: In the previous quarter, Disney reported a revenue surprise of $1.53 billion, which indicates that the company's actual revenue exceeded analysts' expectations.

5. Analyst Price Target and Consensus Rating: The average analyst price target for Disney is $127.92, with a consensus rating of "Strong Buy". This suggests that analysts are optimistic about the stock's future performance.

6. Historical Performance: Disney has a history of strong earnings performance, with the previous quarter's EPS beating analysts' estimates by 100.00%. This indicates a strong track record of surpassing expectations.
7. Future Outlook: The company's future outlook appears optimistic, with expected earnings growth and a positive revenue trend. However, it's important to consider that the stock may be trading at a premium based on its growth prospects.

In conclusion, Disney's Q3 2024 earnings report is expected to show continued growth and strong performance, with analysts maintaining a bullish outlook on the stock.