Walt Disney Company (The) (NYSE:DIS) is scheduled to post its quarterly earnings results after the market closes on Thursday, November 9th. Analysts expect Walt Disney Company (The) to post earnings of $1.26 per share for the quarter.

Walt Disney Company (The) (NYSE:DIS) last issued its quarterly earnings data on Tuesday, August 8th. The entertainment giant reported $1.58 EPS for the quarter, topping the consensus estimate of $1.53 by $0.05. Walt Disney Company (The) had a net margin of 16.22% and a return on equity of 19.69%. The firm had revenue of $14.24 billion for the quarter, compared to analyst estimates of $14.44 billion. During the same period in the prior year, the business posted $1.62 EPS. The business’s revenue for the quarter was down .3% compared to the same quarter last year. On average, analysts expect Walt Disney Company (The) to post $5.76 EPS for the current fiscal year and $6.4 EPS for the next fiscal year.

In other news, Director Maria Elena Lagomasino acquired 976 shares of Walt Disney Company (The) stock in a transaction on Thursday, August 10th. The stock was bought at an average cost of $102.34 per share, with a total value of $99,883.84. Following the completion of the purchase, the director now owns 7,513 shares of the company’s stock, valued at $768,880.42. The purchase was disclosed in a filing with the SEC, which is accessible through the SEC website. 13.00% of the stock is currently owned by corporate insiders.

Hedge funds have recently bought and sold shares of the business. Edgestream Partners L.P. lifted its stake in Walt Disney Company (The) by 25.5% during the second quarter. Edgestream Partners L.P. now owns 6,331 shares of the entertainment giant’s stock valued at $673,000 after buying an additional 1,287 shares in the last quarter. Commonwealth Bank of Australia lifted its stake in Walt Disney Company (The) by 8.3% during the second quarter. Commonwealth Bank of Australia now owns 153,625 shares of the entertainment giant’s stock valued at $16,321,000 after buying an additional 11,829 shares in the last quarter. Private Advisor Group LLC lifted its stake in Walt Disney Company (The) by 1.5% during the second quarter. Private Advisor Group LLC now owns 150,135 shares of the entertainment giant’s stock valued at $15,573,000 after buying an additional 2,251 shares in the last quarter. Engineers Gate Manager LP lifted its stake in Walt Disney Company (The) by 159.8% during the second quarter. Engineers Gate Manager LP now owns 7,014 shares of the entertainment giant’s stock valued at $745,000 after buying an additional 4,314 shares in the last quarter. Finally, WealthTrust Fairport LLC lifted its stake in Walt Disney Company (The) by 12.6% during the second quarter. WealthTrust Fairport LLC now owns 42,465 shares of the entertainment giant’s stock valued at $4,512,000 after buying an additional 4,759 shares in the last quarter. 61.41% of the stock is owned by institutional investors.

Several analysts recently issued reports on DIS shares. BidaskClub raised shares of Walt Disney Company (The) from a “sell” rating to a “hold” rating in a report on Monday, July 24th. Piper Jaffray Companies set a $130.00 price target on shares of Walt Disney Company (The) and gave the company a “buy” rating in a report on Tuesday, August 22nd. Vetr raised shares of Walt Disney Company (The) from a “buy” rating to a “strong-buy” rating and set a $110.51 price target on the stock in a report on Wednesday, October 11th. Barclays PLC cut their price target on shares of Walt Disney Company (The) from $98.00 to $94.00 and set an “equal weight” rating on the stock in a report on Friday, October 13th. Finally, Loop Capital reaffirmed a “hold” rating and issued a $104.00 price target (down from $106.00) on shares of Walt Disney Company (The) in a report on Friday, September 8th. Five investment analysts have rated the stock with a sell rating, fourteen have issued a hold rating, eighteen have given a buy rating and one has assigned a strong buy rating to the company. Walt Disney Company (The) presently has an average rating of “Hold” and an average price target of $113.40.

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Walt Disney Company (The) Company Profile

The Walt Disney Company is an entertainment company. The Company operates in four business segments: Media Networks, Parks and Resorts, Studio Entertainment, and Consumer Products & Interactive Media. The media networks segment includes cable and broadcast television networks, television production and distribution operations, domestic television stations, and radio networks and stations.

Earnings History for Walt Disney Company (The) (NYSE:DIS)

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