Mickey Mouse and Minnie Mouse Balloons fly on May 31, 2024 in front of Cinderellas Castle in the Magic Kingdom Park in Walt Disney World in Orlando, Florida.
Gary Hershorn | Corbis News | Getty pictures
Disney will report on the result of the financial year in the first quarter on Wednesday, and Wall Street will draw attention to the state of streaming and theme parking shops. Investors will also listen to the successor of CEO Bob Iger, according to details.
Wall Street expects Disney to be reported on Wednesday, according to analysts who were asked by LSEG:
- Win each share: $ 1.45
- Revenue: 24.62 billion US dollars
Growth and profitability in Disney's streaming business – combined with a blockbuster year and further investments in the company's thematic park – appeased investors when the company recently reported quarterly results and increasing the shares.
However, if the company enters in 2025, the clock continues to tick the time of Iger at the top. It is expected that Iger will be handed over to the CEO post in early 2026, whereby its replacement is mentioned in more detail on this date.
The company's successor plans were of particular interest in the last quarters.
The subscribers' growth will also be astonishing, especially since Disney's competitors have reported high subscribers in the past few weeks. Netflix reported last month that it had exceeded 300 million paid memberships and added a record of 19 million subscribers in the last quarter.
However, subscription numbers are only part of the equation. Like other streamers, Disney has faced profitable measures such as advertisement levels and raids for password participation in order to increase sales and keep Wall Street satisfied.
This story develops. Please check for updates.
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