Walt Disney (NYSE: DIS ) is expected to report Q3 earnings on Aug. 6. Here's what Wall Street wants to see:
The 10-second takeaway
Comparing the upcoming quarter to the prior-year quarter, average analyst estimates predict Walt Disney's revenues will increase 5.1% and EPS will grow 1.0%.
The average estimate for revenue is $11.65 billion. On the bottom line, the average EPS estimate is $1.02.
Last quarter, Walt Disney booked revenue of $10.55 billion. GAAP reported sales were 9.6% higher than the prior-year quarter's $9.63 billion.
Source: S&P Capital IQ. Quarterly periods. Dollar amounts in millions. Non-GAAP figures are normalized by S&P Capital IQ and may vary to maintain comparability with normalized estimates.
Last quarter, non-GAAP EPS came in at $0.79. GAAP EPS of $0.83 for Q2 were 32% higher than the prior-year quarter's $0.63 per share.
Source: S&P Capital IQ. Quarterly periods. Non-GAAP figures are normalized by S&P Capital IQ and may vary to maintain comparability with normalized estimates.
For the preceding quarter, gross margin was 20.8%, 330 basis points better than the prior-year quarter. Operating margin was 20.8%, 330 basis points better than the prior-year quarter. Net margin was 14.3%, 240 basis points better than the prior-year quarter.
The full year's average estimate for revenue is $45.18 billion. The average EPS estimate is $3.45.
The stock has a five-star rating (out of five) at Motley Fool CAPS, with 5,599 members out of 5,948 rating the stock outperform, and 349 members rating it underperform. Among 1,706 CAPS All-Star picks (recommendations by the highest-ranked CAPS members), 1,660 give Walt Disney a green thumbs-up, and 46 give it a red thumbs-down.
Of Wall Street recommendations tracked by S&P Capital IQ, the average opinion on Walt Disney is outperform, with an average price target of $61.04.
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