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• DIS 93% Rate It

Entertainment giant The Walt Disney Company ( DIS ) on Thursday received some positive commentary from analysts at Needham & Company.

The firm maintained its "Hold" rating on DIS but lifted its fiscal third quarter and full-year estimates for the company.

A Needham analyst commented, "We are fine-tuning and raising our estimates for DIS's 3Q12. We now expect DIS will report revenue of $11.269B (up 6% y/y, and 1% above our previous estimates), Segment Operating Income of $2.976B (up 9% y/y, and 3% above our previous estimates), and Operating EPS of $0.92 (up 18% y/y and 3% above our previous estimates)."

Continuing, "As a result of the changes in estimates in 3Q12, we now expect FY12 revenue of $42.716B (up 4% y/y and 0.1% above our previous estimates), and Operating EPS of $3.00 (up 18% y/y and 3% above our previous estimates) from $2.91."

Disney shares fell 68 cents, or -1.4%, in morning trading Thursday.

The Bottom Line
Disney currently offers a 1.23% dividend yield, based on Tuesday's closing price of $48.59 and the company's annualized dividend payout of 60 cents per share.

The Walt Disney Company ( DIS ) is not recommended at this time, holding a Dividend.com DARS™ Rating of 3.4 out of 5 stars.

Be sure to visit our complete recommended list of the Best Dividend Stocks , as well as a detailed explanation of our ratings system here .

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