A statue of Walt Disney and Mickey Mouse stands in a lawn in entrance of Cinderella’s Citadel on the Magic Kingdom Park at Walt Disney Global on Would possibly 31, 2024, in Orlando, Florida.Gary Hershorn | Corbis Information | Getty ImagesDisney will document its fiscal fourth-quarter profits ahead of the bell on Thursday, and Wall Boulevard shall be paying shut consideration to the state of its streaming and theme parks companies. Traders can be listening for any main points at the seek for CEO Bob Iger’s successor.Here’s what Wall Boulevard expects Disney to document on Thursday, in step with analysts polled through LSEG:Profits in keeping with proportion: $1.10 expectedRevenue: $22.45 billion expectedWall Boulevard has been paying shut consideration to streaming’s trail to profitability. Closing quarter Disney’s mixed streaming trade, which is composed of Disney+, Hulu and ESPN+, became a cash in for the primary time.Subscriber enlargement shall be most sensible of thoughts, too, particularly as Disney’s competition in fresh weeks have reported hefty subscriber features. Warner Bros. Discovery stated Max added 7.2 million subscribers right through its most up-to-date quarter, Netflix added 5 million consumers, and Comcast’s Peacock reported 3 million additions.Nonetheless, media firms have begun to concentrate on profit-driving measures, equivalent to ad-supported tiers and password sharing crackdowns.”Within the wake of large subscriber features at Max however deceleration at Netflix, all eyes are on Disney’s streaming numbers. The corporate is certain to revel in a bump because of its password-sharing crackdown, however that shall be short-lived,” stated Mike Proulx, analysis director and vice chairman at Forrester.The state of the theme park trade can be most sensible of thoughts. Theme parks had been experiencing a slowdown in shopper call for within the U.S. Closing quarter Disney reported flat attendance, in particular at its U.S. parks.In the meantime, Disney just lately introduced it’s going to identify CEO Iger’s alternative in early 2026, led through incoming chairman of the board, James Gorman. Traders shall be prepared to listen to additional main points at the seek.This tale is creating. Please test again for updates.
