Compared to Estimates, Disney (DIS) Q3 Earnings: A Look at Key Metrics

For the quarter ended June 2026, Walt Disney (DIS) reported revenue of $25.25 billion, up 6.8% over the same period last year. EPS came in at $2.06, compared to $1.61 in the year-ago quarter.

The reported revenue represents a surprise of -0.91% over the Zacks Consensus Estimate of $25.48 billion. With the consensus EPS estimate being $1.88, the EPS surprise was +9.57%.

While investors scrutinize revenue and earnings changes year-over-year and how they compare with Wall Street expectations to determine their next move, some key metrics always offer a more accurate picture of a company's financial health.

As these metrics influence top- and bottom-line performance, comparing them to the year-ago numbers and what analysts estimated helps investors project a stock's price performance more accurately.

Here is how Disney performed in the just reported quarter in terms of the metrics most widely monitored and projected by Wall Street analysts:
  • Parks - Attendance - Domestic Resorts: 3% versus the two-analyst average estimate of 1%.
  • Parks - Per Capita Guest Spending - Domestic Resorts: 4% versus the two-analyst average estimate of 3%.
  • Hotels - Occupancy - Domestic Resorts: 91% versus 85.5% estimated by two analysts on average.
  • Hotels - Occupancy - International Resorts: 85% versus 86.5% estimated by two analysts on average.
  • Revenue- Entertainment: $11.35 billion compared to the $11.78 billion average estimate based on four analysts. The reported number represents a change of +6% year over year.
  • Revenue- Sports: $4.5 billion versus $4.55 billion estimated by four analysts on average. Compared to the year-ago quarter, this number represents a +4.5% change.
  • Revenue- Eliminations: $-565 million versus the four-analyst average estimate of $-619.38 million. The reported number represents a year-over-year change of +26.1%.
  • Revenue- Experiences: $9.97 billion versus the four-analyst average estimate of $9.74 billion. The reported number represents a year-over-year change of +9.7%.
  • Revenue- Entertainment- Other: $579 million compared to the $589.37 million average estimate based on two analysts. The reported number represents a change of +1215.9% year over year.
  • Revenue- Experiences- Theme park admissions: $3.25 billion versus the two-analyst average estimate of $3.08 billion. The reported number represents a year-over-year change of +8.6%.
  • Revenue- Experiences- Parks & Experiences merchandise, food and beverage: $2.28 billion versus the two-analyst average estimate of $2.19 billion. The reported number represents a year-over-year change of +6.6%.
  • Revenue- Experiences- Resorts and vacations: $2.77 billion compared to the $2.88 billion average estimate based on two analysts. The reported number represents a change of +16.6% year over year.

View all Key Company Metrics for Disney here>>>

Shares of Disney have returned +0.7% over the past month versus the Zacks S&P 500 composite's +3.5% change. The stock currently has a Zacks Rank #3 (Hold), indicating that it could perform in line with the broader market in the near term.

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This article originally published on Zacks Investment Research (zacks.com).

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