Josh D'Amaro to lead Disney's fiscal third-quarter earnings report as investors weigh streaming and theme park growth.
Josh D'Amaro, the CEO of Disney, will lead the company's fiscal third-quarter earnings report this Wednesday. Investors are expected to focus on the performance of the streaming and theme park divisions, which remain primary drivers of revenue and profit. While Disney reported healthy domestic park demand and increased guest spending last quarter, the company faces broader macroeconomic uncertainty and rising travel costs. Wall Street expects Disney to report revenue of $25.40 billion, a 7.4% year-on-year increase. The company has outperformed revenue expectations in six of its last 10 quarters. Analysts will also look for updates on subscriber and advertising growth for Disney+ and ESPN's direct-to-consumer app. Additionally, the report will highlight the success of recent theatrical releases like 'Toy Story 5' and 'The Devil Wears Prada 2,' while positioning upcoming franchise titles as potential catalysts for the Entertainment business.