The Walt Disney Company will unveil its results in the opening quarter of the fiscal year 2025 on Wednesday. They will follow the news of the entertainment giant merging its platform Hulu+ Live TV with FuboTV Inc.'s streaming product while shelving a similar deal with Fox Corporation and Warner Bros. Discovery Inc. It will also come amid the discussions about who could replace Chief Executive Officer (CEO) Bob Iger, although the updates of Disney's figures and plans for streaming are expected to be the main draw for investors.
In the previous trimester, Disney reported a quarterly rise in subscribes to its eponymous platform and Hulu of 14%, pushing the number to a total of 153.6 million. Still, this time, experts shy away from anticipating what will happen in that aspect, though some projected modest growth.
Furthermore, analysts predicted an annual increase of approximately 5% in the company's revenue to about $24.63 billion and of some 25% in the profit to $2.38 billion. Its diluted earnings per share (EPS) are seen as moving up from $1.14 registered in the previous quarter to between $1.31 and $1.45.
According to Baha Wealth, Disney's market capitalization has been valued at $206.45 billion.
