Top Wall Street Forecasters Revamp Walt Disney Expectations Ahead Of Q3 Earnings

Walt Disney Company (NYSE:DIS) will release earnings results for the third quarter before the opening bell on Wednesday, Aug. 6.

Analysts expect the Burbank, California-based company to report quarterly earnings at $1.44 per share, versus $1.39 per share in the year-ago period. Disney projects to report quarterly revenue at $23.76 billion, compared to $23.16 billion a year earlier, according to data from Benzinga Pro.

The company has beaten analyst estimates for revenue in four straight quarters and in six of the last 10 quarters overall.

Walt Disney shares fell 0.9% to close at $118.32 on Tuesday.

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