Several analysts from Wall Street have forecast that the stocks of DIS would be reporting a sales sum of $16.89 billion for this quarter. According to a report, eleven of them have already provided estimates into the earnings of the company. The lowest estimate has come in at $16.26 billion, with the highest coming in at $17.48 billion. The sales reported by the company over the period were $11.78 billion, which indicates an annual growth rate of about 43.4%. The company will be posting its next quarterly report on the 3rd of August.
Quarterly Estimates Of DIS
DIS previously announced their quarterly report on the 13th of May. The entertainment company had reported an EPS of $0.79 for the quarter, which was more than the consensus estimate of $0.27. The net margin for the company stands at a negative 7.73%, with a return on equity fixed at 2.07%. The revenue generated by the company during this period is $15.61 billion, which has been slightly less than the consensus estimate of $15.99 billion.
There have been quite a few research equities that have commented on the stocks of DIS. Zacks Investment has already increased the rating of the company from sell to hold with a price target of $193 on the stocks in a 22nd February research report. Evercore ISI has also increased the price target of the company from $200 to $210 in a 12th February research report.
Morgan Stanley has also increased the price target of the company from $200 to $210 with a rating of overweight in a 12th May research report. Deutsche Bank has decided to reduce the price target of the company from $222 to $213 with a rating of buy in an 18th May research report.
Seven investment analysts have provided the company with a rating of hold while twenty-two others have issued the company a rating of buy. Currently, DIS has a buy rating with a $192 price target.
