Analysts expect Walt Disney Co (NYSE:DIS) to report earnings per share (EPS) of $1.60 for the current fiscal quarter, according to Zacks. Three analysts have provided estimates for Walt Disney’s earnings. The lowest EPS estimate is $1.54 and the highest is $1.68. Walt Disney posted earnings of $1.55 per share in the same quarter last year, which indicates a positive year over year growth rate of 3.2%. The firm is scheduled to announce its next quarterly earnings results after the market closes on Tuesday, February 6th.

According to Zacks, analysts expect that Walt Disney will report full year earnings of $6.31 per share for the current fiscal year, with EPS estimates ranging from $5.95 to $7.14. For the next year, analysts expect that the business will post earnings of $6.64 per share, with EPS estimates ranging from $6.18 to $8.08. Zacks’ EPS averages are an average based on a survey of sell-side analysts that that provide coverage for Walt Disney.

Walt Disney (NYSE:DIS) last announced its earnings results on Thursday, November 9th. The entertainment giant reported $1.07 EPS for the quarter, missing the consensus estimate of $1.12 by ($0.05). Walt Disney had a return on equity of 19.66% and a net margin of 16.29%. The firm had revenue of $12.78 billion during the quarter, compared to analyst estimates of $13.30 billion. During the same quarter in the previous year, the business earned $1.10 earnings per share. The business’s quarterly revenue was down 2.8% compared to the same quarter last year.

A number of analysts have recently issued reports on DIS shares. Vetr lowered shares of Walt Disney from a “buy” rating to a “hold” rating and set a $113.39 price target for the company. in a research report on Wednesday, January 3rd. Royal Bank of Canada increased their price target on shares of Walt Disney to $135.00 and gave the stock a “top pick” rating in a research report on Wednesday, January 3rd. Rosenblatt Securities raised shares of Walt Disney from a “neutral” rating to a “buy” rating and increased their price target for the stock from $115.00 to $130.00 in a research report on Wednesday, January 3rd. Zacks Investment Research lowered shares of Walt Disney from a “hold” rating to a “sell” rating in a research report on Tuesday, December 19th. Finally, Piper Jaffray Companies set a $125.00 price target on shares of Walt Disney and gave the stock a “buy” rating in a research report on Friday, December 15th. Four equities research analysts have rated the stock with a sell rating, twelve have assigned a hold rating, nineteen have given a buy rating and one has issued a strong buy rating to the company. Walt Disney presently has an average rating of “Hold” and an average price target of $116.15.

Institutional investors and hedge funds have recently modified their holdings of the stock. Lee Financial Co raised its position in shares of Walt Disney by 7.6% in the second quarter. Lee Financial Co now owns 1,052 shares of the entertainment giant’s stock valued at $112,000 after purchasing an additional 74 shares during the period. Legacy Advisors LLC bought a new position in shares of Walt Disney in the third quarter valued at approximately $137,000. Malaga Cove Capital LLC bought a new position in shares of Walt Disney in the third quarter valued at approximately $140,000. Wealthcare Advisory Partners LLC bought a new position in shares of Walt Disney in the third quarter valued at approximately $142,000. Finally, Krilogy Financial LLC raised its position in shares of Walt Disney by 13.2% in the second quarter. Krilogy Financial LLC now owns 1,422 shares of the entertainment giant’s stock valued at $151,000 after purchasing an additional 166 shares during the period. 61.55% of the stock is currently owned by hedge funds and other institutional investors.

Shares of Walt Disney (NYSE DIS) traded down $1.78 on Wednesday, hitting $110.69. 8,069,100 shares of the company’s stock traded hands, compared to its average volume of 7,402,400. Walt Disney has a one year low of $96.20 and a one year high of $116.10. The firm has a market capitalization of $167,450.00, a PE ratio of 19.49, a price-to-earnings-growth ratio of 2.01 and a beta of 1.38. The company has a debt-to-equity ratio of 0.42, a quick ratio of 0.74 and a current ratio of 0.81.

The firm also recently disclosed a Semi-Annual dividend, which was paid on Thursday, January 11th. Investors of record on Monday, December 11th were given a dividend of $0.84 per share. The ex-dividend date was Friday, December 8th. Walt Disney’s payout ratio is presently 29.58%.

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About Walt Disney

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.

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Earnings History and Estimates for Walt Disney (NYSE:DIS)

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