Earnings Growth & Price Strength Make Walt Disney (DIS) a Stock to Watch

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Earnings estimates, or expectations of growth and profitability, come from brokerage analysts who track publicly traded companies; these analysts work together with company management to analyze every aspect that may affect future earnings, like interest rates, the economy, and sector and industry optimism.

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Focus List Spotlight: Walt Disney (DIS)

Burbank, CA-based Walt Disney Company has assets that span movies, television shows and theme parks. Revenues were $88.89 billion in fiscal 2023.

DIS, a #3 (Hold) stock, was added to the Focus List on March 23, 2020 at $85.98 per share. Since then, shares have increased 32.23% to $113.69.

Five analysts revised their earnings estimate higher in the last 60 days for fiscal 2024, while the Zacks Consensus Estimate has increased $0.18 to $4.56. DIS also boasts an average earnings surprise of 14.2%.

Earnings for DIS are forecasted to see growth of 21.3% for the current fiscal year as well.

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The Walt Disney Company (DIS) : Free Stock Analysis Report

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The views and opinions expressed herein are the views and opinions of the author and do not necessarily reflect those of Nasdaq, Inc.

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