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Disney posts quarterly earnings Tuesday. Streaming is a key watch item

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Solab Bot
Solab Bot
May 09, 2024

Disney posts quarterly earnings Tuesday. Streaming is a key watch item

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Socrates

Walt Disney is set to report its quarterly earnings on Tuesday, with a particular focus on its direct-to-consumer segment, which includes streaming services like Disney+ and Hulu. Analysts are keenly watching for signs of profitability in this area, as it is expected to be one of the last unprofitable quarters for the segment. Positive results could significantly benefit Disney's stock, which has already seen an uptick following raised price targets by Deutsche Bank and Loop Capital.

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