Disney (DIS) Q4 2024 Earnings | Wilnesh News

disney The company will report fiscal fourth-quarter earnings before the bell on Thursday, and Wall Street will be closely watching the health of its streaming and theme park businesses. Investors will also be watching for any details on the search for CEO Bob Iger’s successor.

Wall Street expects Disney to report the following on Thursday, according to analysts polled by London Stock Exchange Group (LSEG):

• Earnings per share: Estimated $1.10
• income: Estimated US$22.45 billion

Wall Street has been keeping a close eye on streaming’s path to profitability. Last quarter, Disney’s combined streaming business (consisting of Disney+, Hulu and ESPN+) turned a profit for the first time.

User growth will also be a top consideration, especially as Disney’s rivals have reported significant user growth in recent weeks. Warner Bros. Discovery said Max added 7.2 million subscribers in its most recent quarter, Netflix added 5 million customers, and Comcast’s Peacock reported an increase of 3 million.

Still, media companies have begun to focus on profit-driven measures, such as ad-supported tiers and crackdowns on password sharing.

“Max’s subscriber numbers are up significantly, but Netflix’s subscriber numbers are decelerating, and all eyes are on Disney’s streaming numbers. The company will definitely experience a hit due to the password-sharing crackdown, but it will be short-lived, said Mike Proulx, director of research and vice president at Forrester.

The state of the theme park business will also be a primary consideration. Consumer demand for U.S. theme parks has been slowing.

Meanwhile, Disney recently announced that it will name Iger’s successor in early 2026, led by incoming board chairman James Gorman. Investors will be eager to hear more details about the search.

This story is developing. Please check back for updates.