Walt Disney Company DIS releases its next round of earnings this Tuesday, August 9, 2011. Here's Benzinga's essential guide to Walt Disney Company's third quarter earnings report.
Earnings and Revenue:
Analysts are predicting an EPS reading of 73 cents/share and revenues of $10.45 billion. Investors will be keen to see how this quarter's numbers stack up against the year-ago quarter's positive EPS of 67 cents/share on revenues of $10 billion. Can Walt Disney Company manage the estimated 9% rise in EPS and 4.5% increase in revenues from the year-ago quarter as analysts are predicting? We'll have to wait until Tuesday to find out.
Here's how the company's reported EPS has stacked up against analyst estimates in the past:
| Quarter | Q2 | Q1 | Q4 | Q3 |
| EPS Estimate | $0.57 | $0.56 | $0.46 | $0.59 |
| EPS Actual | $0.49 | $0.68 | $0.45 | $0.67 |
Stock Performance:
At last check, shares of Walt Disney Company were trading at $37.43. Shares are down 0.2% year to date. For a full 12 months, the return has risen by 9.7%. Given that these returns are generally positive, long-term shareholders are probably satisfied going into this earnings release.
- Long-term shareholders are already enjoying 12-month gains prior to the announcement
Average Stock Rating:
The average rating by analysts for Walt Disney Company is a Hold. This rating has strengthened slightly over the past ninety days.
Competitors:
Wondering how Walt Disney Company compares to rivals in the same sector? Here are a few of the company's peers.
- CBS CBS: Moderate Buy with a $0.29 recent quarter EPS
- Comcast CMCSA: Moderate Buy with a $0.36 recent quarter EPS
- Entercom Communications (ETM): Hold with a $0.05 recent quarter EPS
The media conglomerate company's industry has seen price/earnings growth of 1.8% during the current fiscal year.
Finally, a description of the company's main areas of operation: Walt Disney Company is an entertainment company with operations in: Media Networks, Parks and Resorts, Studio Entertainment, and Consumer Products.
Take Action:
Now that you have reviewed all the numbers, be ready to move if the upcoming Walt Disney Company earnings report has any surprises. Also, come back to Benzinga after the announcement for a full recap and a guide to your next steps.
© 2024 Benzinga.com. Benzinga does not provide investment advice. All rights reserved.
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