Walt Disney Co (DIS)

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Analysts Anticipate The Walt Disney Company (DIS) Will Announce Quarterly Sales of $15.96 Billion
By: MarketBeat | April 10, 2021

Equities analysts predict that The Walt Disney Company (NYSE:DIS) will report sales of $15.96 billion for the current fiscal quarter, Zacks reports. Ten analysts have made estimates for The Walt Disney's earnings. The lowest sales estimate is $15.22 billion and the highest is $16.91 billion. The Walt Disney reported sales of $18.01 billion in the same quarter last year, which would suggest a negative year-over-year growth rate of 11.4%. The company is scheduled to report its next earnings report after the market closes on Thursday, May 13th.

According to Zacks, analysts expect that The Walt Disney will report full year sales of $69.11 billion for the current fiscal year, with estimates ranging from $65.52 billion to $72.78 billion. For the next fiscal year, analysts forecast that the company will report sales of $86.54 billion, with estimates ranging from $79.38 billion to $93.48 billion. Zacks' sales averages are an average based on a survey of sell-side analysts that that provide coverage for The Walt Disney.

The Walt Disney (NYSE:DIS) last released its earnings results on Wednesday, February 10th. The entertainment giant reported $0.32 earnings per share (EPS) for the quarter, beating the consensus estimate of ($0.45) by $0.77. The business had revenue of $16.25 billion for the quarter, compared to analyst estimates of $15.84 billion. The Walt Disney had a negative net margin of 4.38% and a positive return on equity of 4.05%.

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