Walt Disney is set to give its latest quarterly earnings report on Wednesday, 2022-02-09. Here's what investors need to know before the announcement.
Analysts estimate that Walt Disney will likely report an Earnings Per Share (EPS) of $0.61.
Walt Disney bulls will hope to hear the company to announce they've not only beaten that estimate, but also to provide positive guidance, or forecasted growth, for the next quarter.
Historical Earnings Performance
Last quarter the company missed EPS by $0.07, which was followed by a 7.07% drop in the share price the next day.
Here's a look at Walt Disney's past performance and the resulting price change
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Stock Performance
Shares of Walt Disney were trading at $142.51 as of February 07. Over the last 52-week period, shares are down 24.9%. Given that these returns are generally negative, long-term shareholders are likely upset going into this earnings release.
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